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2 Rente question Part of 5 Required information The following information applies to the questions displayed below: 3.12 points Falcon Crest Aces (FCA), Inc. is

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2 Rente question Part of 5 Required information The following information applies to the questions displayed below: 3.12 points Falcon Crest Aces (FCA), Inc. is considering the purchase of a small plane to use in its wing walking demonstrations and neriat tour business. Various information about the proposed investment follows: Initi investment $310,000 Useful life 5 10 years Salvage value 25,000 Annual net income generated 6.800 FCA's cost of capital 7% Assume straight line depreciation method is used, Required: Help FCA evaluate this project by calculating each of the following:

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