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Isomer industrial training corporation is considering the purchase of new presentation equipment at a cost of $172, 700 the equipment has a estimated useful life
Isomer industrial training corporation is considering the purchase of new presentation equipment at a cost of $172, 700 the equipment has a estimated useful life of 11 years with an expected salvage value of zero. The equipment is expected to generate net cash airflows of $35, 300 per year in each of the 11 years. Isomer's discount rate is 14% isomer uses the straight-line method of depreciation for its assets what is the payback period of the presentation equipment (rounded)? 4.9 years 6.0 years 2.9 years 6.4 years
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