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A manufacturer of engine valves has identified the cash flows shown below for manufacturing and sales. Annual revenue is $140,000. Annual expense is $80,000. First

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A manufacturer of engine valves has identified the cash flows shown below for manufacturing and sales. Annual revenue is $140,000. Annual expense is $80,000. First cost of equipment is $100,000. Determine the no return payback period? Write you formula and label your variables. SHOW AL. WORK

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