A piece of equipment costs $50,000, and is expected to generate $2,500 of annual cash revenues and $500 of annual cash expenses. The disposal value at the end of the estimated 25-year life is $2,000. Ignoring income taxes, the payback period is:

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The Answer of A piece of equipment costs $50,000, and is expected to generate $2,500 of annual cash revenues and $500 of annual cash expenses. The disposal value at the end of the estimated 25-year life is $2,000. Ignoring income taxes, the payback period is:

A Piece of Equipment Costs $50,000, and Is Expected to Generate