A manufacturer of diaphragm seals has identified the cash flows shown for manufacturing and sales functions. Determine the no-return payback period.
First cost of equipment $ ?130,000
Annual expenses, $ per year ?45,000
Annual revenue, $ per year 75,000
Let np = number of years until payback
0 = -130,000 + (75,000 - 45,000)np
30,000np = 130,000
np = 4.3 years
You might also like to view...
Figure 21-5
At the right side of the schematic shown in the accompanying figure is the notation "LOCATED IN RELAY CABINET". What information is given by this notation?
What will be an ideal response?
The process of the fermentation of sugars by yeast yields ____
a. glucose and methanol b. glucose and carbon dioxide c. methyl alcohol and carbon dioxide d. ethyl alcohol and carbon dioxide
Cocci bacteria strung together like a chain are known as _____________________
Fill in the blank(s) with correct word
Aflatoxins are commonly a problem found in which food product?
A. Peanuts B. Apples C. Bananas D. Tortilla chips