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A company is considering purchasing a machine that costs $ 2 0 0 0 0 0 and is estimated to have no salvage value at

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A company is considering purchasing a machine that costs $200000 and is estimated to have no salvage value at the end of its 8-year useful life. If the machine is purchased, annual revenues are expected to be $50000 and annual operating expenses exclusive of depreciation expense are expected to be $28000. The straight-line method of depreciation would be used. The cash payback period on the machine is
4.5 years.
10.1 years.
9.1 years.
8.0 years.
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