Question: value 6.00 points Alesi Corporation is considering purchasing a machine that would cost $320,430 and have a useful life of 5 years. The machine would

value 6.00 points Alesi Corporation is considering purchasing a machine that would cost $320,430 and have a useful life of 5 years. The machine would reduce cash operating costs by $97,100 per year. The machine would have a salvage value of $107,260 at the end of the project. (ignore income taxes) Required: the payback period for the machine. (Round your answer to 2 decimal places.) a. years b. Compute the simple rate of return for the machine (Round your internediate answers to nearest whole dollar and your final answer to 2 decimal places.) O Type here to search 0

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