What is the payback period for the new machine

Assignment Help Business Management
Reference no: EM132013619

A company is considering the purchase of a new machine for $60,000. Management predicts that the machine can produce sales of $17,200 each year for the next 10 years. Expenses are expected to include direct materials, direct labor, and factory overhead totaling $6,800 per year including depreciation of $5,200 per year. Income tax expense is $4,160 per year based on a tax rate of 40%. What is the payback period for the new machine?

Reference no: EM132013619

Questions Cloud

Hcis issues and challenges : What are the current issues and challenges pertaining to the use of health care information systems (HCIS) that providers and organizations
What did you learn about business from the mikesbikes : BA101 : What did you learn about business from the MikesBikes program? Which linkages did you observe?
What is general expert consensus on peoplesoft : What is general expert consensus on PeopleSoft? Is it the superior HR software?
Which franchise is riskier to you if sales forecasts not met : You wish to invest in a franchise for either one of two national chains. Which franchise is riskier to you if sales forecasts are not met
What is the payback period for the new machine : Income tax expense is $4,160 per year based on a tax rate of 40%. What is the payback period for the new machine?
What concerns should be understood about data communications : What concerns should be understood about data communications being sent over wireless networks? Discuss the pros and cons of one method of transmission.
Micro-marketing strategy : Micro-marketing strategy even though it can be effective for some smaller businesses, can larger businesses benefit from the same strategy?
What is a communication plan : What is a communication plan? What are the different forms and how can you use this for an organization involving changing their management?
Judge braden of the court of federal claims : What is the citation from the official reporter for the 2008 case citation in which Judge Braden of the Court of Federal Claims granted the protester Google

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd