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Cliplt Bandit Purchase Price: Purchase Price: $450,000 $450,000 Expected annual cash Expected annual cash flow of $150,000 over flow of $100,000 over 5 years 10

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Cliplt Bandit Purchase Price: Purchase Price: $450,000 $450,000 Expected annual cash Expected annual cash flow of $150,000 over flow of $100,000 over 5 years 10 years No Residual Value $50,000 Residual Value 1. Calculate the payback period for each company. I 2. Calculate the Accounting Rate of Return for Each Company

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