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

  Profile on the ceo of world airways john graber

Post a profile on the CEO of World Airways John Graber. If your term paper presentation is approved by your instructor, you may want to post an individual leader of that company in this assignment. At least 200 Words, and one cited reference.

  Understanding a service

To understand how you are going to manage services, you must first think about the services themselves and the customers who use them.

  List and record each transaction for s zee outpatient clinic

List and record each transaction for S. Zee Outpatient Clinic under the accrual basis of accounting at December 31, 20X1. Then develop a balance sheet as of December 31, 20X1.

  Discuss the implications of key strengths

1. Apply SWOT analysis to your organization and identify and describe the strengths, weakness, opportunities and threats. 2. Assess and discuss the implications of key strengths, weakness, opportunities and threats ( in your list) to your organizat..

  Cultural differences affect the managerial decisions

In your past work experience, provide an example where cultural differences affect the managerial decisions.

  Practice the management of trade-offs

How does EVM operationalize or put in to practice the management of trade-offs implied by the triple constraint discussed? Does it allow a balanced appraisal of all three parameters? Why or why not?

  Understanding or implementing organizational change

Select one of the following approaches to understanding or implementing organizational change.

  Direct foreign investment possibilities in african countries

You are researching direct foreign investment possibilities in African countries in the energy sectors either 100 percent owned or with a local partner.

  Staff-training budget by double

How to justify in a memorandum briefing to senior leaders, the need to increase the staff-training budget by double.

  Examine the business challenges facing rpz marketing

Examine the business challenges facing RPZ Marketing, and select one problem that is of particular interest to you. Define the purpose of your research by articulating a clear statement of the problem to be solved. Explain why solving this problem..

  Why might not be sufficient to address ethical issues

When doing research involving human subjects researchers are required to have their proposals reviewed and approved by an Institutional Research Board (sometimes this is named differently). Why might this not be sufficient to address ethical issue..

  Developing a fiscal plan for an organization

What types of sub-budgets should you also consider for determining an annual budget and developing a fiscal plan for an organization? Why?

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