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Addison Corp is considering the purchase of a new piece of equipment. The equipment will have an initial cost of $672,000, a 4 year life,
Addison Corp is considering the purchase of a new piece of equipment. The equipment will have an initial cost of $672,000, a 4 year life, and no salvage value if the accounting rate of return for the project is 11%, what is the annual increase in net cash flow? Ignore income taxes. O $94.080 O $168.000 O $73920 O $241.920
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