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Check my work Quary Company is considering an investment in machinery with the following information. Initial investment Useful life $ 344,000 Expected sales per
Check my work Quary Company is considering an investment in machinery with the following information. Initial investment Useful life $ 344,000 Expected sales per year 9 years $ 20,000 17,200 units Salvage value Materials, labor, and overhead (except depreciation) Depreciation Machinery Selling, general, and administrative expenses Selling price per imit (a) Compute the investment's annual income and annual net cash flow. (b) Compute the investment's payback period. Complete this question by entering your answers in the tabs below. $ 77,400 36,000 8, 609 $ 10 Required A Required B Compute the investment's annual income and annual net cash flow. Annual Amounts Sales of new product Expenses Income Cash Flow $ 172,000
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