A company'll purchase 1 of 2 machines listed below. Based on a life of 10 yrs, which machine should be selecte?

Machine 1: Additional Investment Required: $8000 Increased in Income: $910 Machine 2: Additional Investment Required: $15500 Increased in Income: $1400 1 Answer ? Favorite Answer You haven’t given any discounting, scrap value etc so I will assume this is NOT looking a net present value, just absolute figures. The variables involved are just time, investment … Read more