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cost of the equipment is $ 6 8 2 , 0 0 0 . The company expects that the equipment will produce steady income throughout
cost of the equipment is $ The company expects that the equipment will produce steady income throughout its year life.
a If Sleek Ring requires a return on its investment, what minimum yearly cash inflow will be necessary for the company to go forward with this project?
b How would the minimum yearly cash inflow change if the company required a return on its investment?
a If Sleek Ring requires a return on its investment, the minimum yearly cash inflow will be $Round to the nearest cent.
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