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answer this PROBLEM 2 Fantastic Company is considering buying a new machine, requiring an immediate P400,000 cash outlay. The new machine is expected to generate

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PROBLEM 2 Fantastic Company is considering buying a new machine, requiring an immediate P400,000 cash outlay. The new machine is expected to generate annual cash inflows net of -tax of P160,000 in each of the next five years of its economic life. No salvage value is expected at the end of 5 years. The company management desired a minimum return of 14% on invested capital. REQUIRED: (9). Payback period (10). Accounting rate of return (11). Net present value (12). Profitability index

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