Acquisition of machine, Page Company is contemplating the

Acquisition of machine

Reference no: EM1358710

Page Company is contemplating the acquisition of a machine that costs $50,000 and promises to reduce annual cash operating costs by $11,000 over each of the next six years. Which of the following is a proper way to evaluate this investment if the company desires a 12% return on all investments?

Reference no: EM1358710

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