Multiple Choice
Calculate the payback period if a new forklift is purchased at a cost of $78,000, with monthly savings of $1,000 due to quicker retrievals and turnaround time for record requests from storage.
A) 4.5 years
B) 6.5 years
C) 8.5 years
D) 10.5 years
Correct Answer:
Verified
Correct Answer:
Verified
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