In 2016, RubKing Barbeque Sauce, Inc., purchased a new bottling machine at a cost of $1.5 million.

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In 2016, RubKing Barbeque Sauce, Inc., purchased a new bottling machine at a cost of $1.5 million. The new machine is expected to last for 10 years, and the firm plans to depreciate it using straight-line depreciation of $150,000 per year. What is the cash flow consequence of the purchase for 2016?
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Financial Management Principles and Applications

ISBN: 978-0134417219

13th edition

Authors: Sheridan Titman, Arthur J. Keown, John H. Martin

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