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Nick's Novelties. Inc.. is considering the purchase of new electronic games to place in its amusement houses The games would cost a total of $300,000.

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Nick's Novelties. Inc.. is considering the purchase of new electronic games to place in its amusement houses The games would cost a total of $300,000. have an eight-year useful life, and have a total salvage value of $20,000. The company estimates That annual revenues and expenses associated with the games would be as follows: Compute the pay back period associated with the new electronic games

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