Brief exercise 24-1 rihanna company is considering purchasing new equipment for $445,200. it is expected that the equipment will produce net annual cash flows of $53,000 over its 10-year useful life. annual depreciation will be $44,520. compute the cash payback period. (round answer to 1 decimal place, e. g. 10.5.)

In myanmar, six laborers, each making the equivalent of $ 2.50 per day, can produce 40 units per day. in china, ten laborers, each making the equivalent of $ 2.25 per day, can produce 48 units. in billings comma montana, two laborers, each making $ 60.00 per day, can make 102 units. based on labor cost per unit only, the most economical location to produce the item is china , with a labor cost per unit of $ . 05. (enter your response rounded to two decimal places.)