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Create Company is considering buying a machine for $54,000 with an estimated life of ten years and no salvage value. The straight-line method of depreciation

Create Company is considering buying a machine for $54,000 with an estimated life of ten years and no salvage value. The straight-line method of depreciation will be used. The machine is expected to generate cash inflow of $6,000 each year. The cash payback on this investment a. 15 years. b. 10 years. c. 9 years. d. 4.5 yearsimage text in transcribed

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