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“Tam Company is negotiating for the purchase of equipment that would cost $100,000, with the expectation that $20,000 per year could be saved in cash-operating costs if the equipment were acquired. The equipment’s estimated useful life is 10 years, with no residual value, and would be depreciated by the straight-line method. Tam’s predetermined minimum desired rate of return is 12%. Present value of an annuity of 1 at 12% for 10 periods is 5.65. Present value of 1 due in 10 periods at 12% is .322. Ignore income taxes. 110. Payback period is: a. 4.0 years. b. 4.4 years. c. 4.5 years. d. 5.0 years.”,”4Payback Period = Purchase Price = $100,000 = 5 yearsCash Saved 20
Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.“Tam Company is negotiating for[…]
Read moreThree good qualities to be credible
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Read moreWhat is financial accounting concerned about
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Read moreThree good qualities to be responsible
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Read moreWhat is managerial accounting concerned about
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Read moreCognitive Bias,”being aware that all people posses them that can distort thought processes that can adversely affect planning
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Read moreWhat do both FA and MA do,”recording, estimating, organizing
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Read moreLeaders should ________ when dealing with cognitive bias
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Read moreThree sections of Managerial accounting,”planning, controlling
Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.Three sections of Managerial accounting,”planning,[…]
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