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A new manufacturing machine is expected to cost $291,000, have an eight-year life, and a $37.000 salvage value. The machine will yield an annual incrementat
A new manufacturing machine is expected to cost $291,000, have an eight-year life, and a $37.000 salvage value. The machine will yield an annual incrementat after tax Income of 532.000 after deducting the straight-line depreciation Compute the payback period for the purchase. 40 Muit Choice 4 2 years 53 years years
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