CU Stati ?? ??? A company is considering purchasing a machine for $21,000

CU Stati ?? ??? A company is considering purchasing a machine for $21,000. The machine will generate an after-tax not income of $2,000 per year. The machine has a salvage value of $3,000 and annual depreciation expense would be $1.500. What is the payback period for the new machine? A 4 years. B. 6 years C. 10.5 years CD. 14 years E 42 years 2 points and QUESTION 19 A company is considering purchasing a machine for $21,000 The machine will generate an after-tax net income of $2,000 per year The machine has a salvage value of $3,000 and annual depreciation expense would be $1,500. What is the approximate accounting rate of return? • A 19% B. 33% C. 17% CD 10% E 25%