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Miron Construction is analyzing is capital expenditure proposals for the purchase of equipment in the coming year. The capital budget is limited to $6,000,000 for
Miron Construction is analyzing is capital expenditure proposals for the purchase of equipment in the coming year. The capital budget is limited to $6,000,000 for the year. Lydia Baker, staff analyst at Mitons, is preparing an analysis of the three projects under consideration by Chuck Miltons, the company's owner Click the icon to view the data for the three projects) the con to view the Future Value of 51 factors.) Click the icon to view the Future Value of Annuity of $1 factors.) Click the icon to view the Present of 1 factors.) Ok the loon to view the Present Value of Annuity of $1 factors.) Read the forements Requirement. Because the company's cash is limited Mone thinks the payback method should be used to choose between the capital budgeting projects. Calculate the payback period for each of the three projects. Igrom income taxes (Round your answers to two decimal places) Project ya Proyed B Prope a n Using the payback method, which project should itonschote? Cherry number in the folds and then continue to the next
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