Management of Square Hospital wants to set up an X-ray machine in this university. Costs $200,000 and has an 8-year life. Will generate net annual cash inflows of $50,000. Management requires a payback period of 5 years or less on all investments. What is the payback period for this photocopy machine? What will be the decision?
Answers
Answered by
0
Explanation:
3 years and sell the machine after 8 years
Similar questions