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Homer Corporation is considering the purchase of a new piece of equipment. The cost savings from the equipment would result in an annual increase in
Homer Corporation is considering the purchase of a new piece of equipment. The cost savings from the equipment would result in an annual increase in net income of $ The equipment will have an initial cost of $ and have a year useful life. If the salvage value of the equipment is estimated to be $ what is the annual increase in net cash flow?
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