Bark company is considering buying a machine for 180000

Reference no: EM13592401

Bark Company is considering buying a machine for $180,000 with an estimated life of 10 years and no salvage value. The straight-line method of depreciation will be used. The machine is expected to generate net income of $12,000 each year. The cash payback period on this investment ?

Reference no: EM13592401

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