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Ace Corporation is considering the purchase of a new machine for its factory operations at a cost of $950,000. The investment is expected to generate
Ace Corporation is considering the purchase of a new machine for its factory operations at a cost of $950,000. The investment is expected to generate $244,000 in annual cash flows for a period of five years. The required rate of return is 8%. The new machine is expected to have zero salvage value at the end of the five-year period.
What intangible benefits might Ace Corporation consider before approving this purchase?
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