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Multiple Choice Question 43 Sheridan Company is considering the purchase of a machine with an estimated useful life of 5 years with the following data:

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Multiple Choice Question 43 Sheridan Company is considering the purchase of a machine with an estimated useful life of 5 years with the following data: Initial cost $100000 One-time training cost 12000 Annual maintenance costs 10000 Annual cost savings 50000 Salvage value 13000 The cash payback period is 02.50 years. O2.63 years. O 2.80 years O 2.27 years

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