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A company is considering the purchase of a new plece of equipment for $90,000. Predicted annual net cash inflows from the investment are $36,000 (Year
A company is considering the purchase of a new plece of equipment for $90,000. Predicted annual net cash inflows from the investment are $36,000 (Year 1), $30,000 (Year 2), $18,000 (Year 3), $12,000 (Year 4), and $6,000 (Year 5). The average income from operations over the 5-year ife is $20,400. The payback period is 3.5 years True Oralse
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