Jackson & Sons uses packing machines to prepare its products for shipping. One machine costs $397,500 and lasts 5 years before it needs replaced. The machine will be worthless after the 5 years. The annual aftertax operating cost per machine is $38,400. What is the equivalent annual cost of one machine if the required rate of return is 16 percent?
A) $148,556.67
B) $159,800.23
C) $156,004.12
D) $143,006.15
E) $154,224.08
B) $159,800.23
You might also like to view...
Coding consists of screening questionnaires to identify illegible, incomplete, inconsistent, or ambiguous responses
Indicate whether the statement is true or false
Relevant costs in a sell or process-further decision include
a. costs of additional processing. b. both additional revenues and additional costs. c. revenues after additional processing. d. joint product costs.
A job
a. encompasses a family of jobs. b. is your life's work. c. involves performing a designated set of responsibilities and duties for a specific employer. d. none of these choices.
______ activities by a work group involve production, efficiency, and convergent thinking.
A. Exploration B. Divergent C. Convergent D. Exploitation