Mike is considering a Master's degree that will enable him to upgrade his job. Would cost him
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Mike is considering a Master's degree that will enable him to upgrade his job. Would cost him $28000 in tuition and another $28000 in additional living expenses that can pay with student loan. Currently earns $48000 and promotion would pay him $68000.
What is his payback period?
Related Book For
Cornerstones of Managerial Accounting
ISBN: 978-0176530884
2nd Canadian edition
Authors: Maryanne M. Mowen, Don Hanson, Dan L. Heitger, David McConomy, Jeffrey Pittman
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