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1. Cash backpack period is? Jordan Company is considering the purchase of a machine with the following data 1 Jordan Company is considering the purchase

1. Cash backpack period is?

Jordan Company is considering the purchase of a machine with the following data

1 Jordan Company is considering the purchase of a machine with the following data: Initial cost One-time training cost Annual maintenance costs Annual cost savings Salvage value $150,000 12,000 15,000 75,000 20,000

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