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A potential investment has a cost of $440,000 and a useful life of 7 years. Annual cash sales from the investment are Required information expected

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A potential investment has a cost of $440,000 and a useful life of 7 years. Annual cash sales from the investment are Required information expected to be $183,068 and annual cash operating expenses are expected to be $72,118. The expected salvage value at: the end of the investment's life is $35,000. The company has a before-tax discount fate of 16%. Required: Caiculate the following. (Round dollar amounts to the nearest whole dollar and IRR to one decimal place (i.e. .055=5.5%). Enter Required

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