Question: Saved Help Save & Exit SUUM SP 2020 Buy-Rite Pharmacy has purchased a small auto for delivering prescriptions. The auto was purchased for $22.000 and
Saved Help Save & Exit SUUM SP 2020 Buy-Rite Pharmacy has purchased a small auto for delivering prescriptions. The auto was purchased for $22.000 and will have a 6- year useful life and a $5,100 salvage value. Delivering prescriptions (which the pharmacy has never done before) should increase gross revenues by at least $33,100 per year. The cost of these prescriptions to the pharmacy will be about $27.200 per year. The pharmacy depreciates all assets using the straight-line method. The payback period for the auto is closest to ignore income taxes.): (Round your answer to 1 decimal place.)
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