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? Normal 1 No Spar Heading 1 Heading 2 Title Paragraph Style Financial Statement Analysis Portfolio The Income Statement for Pumpkin Co. is shown below:

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? Normal 1 No Spar Heading 1 Heading 2 Title Paragraph Style Financial Statement Analysis Portfolio The Income Statement for Pumpkin Co. is shown below: Pumpkin Co. Income Statement for the Month Ended October 21, 2010 revenues sales operating expenses salary expense $10,000.00 S expense$14,000.00 depreciation expense $4,000.00 net income $92,000.00 Pumpkin Co. is about to embark on a project that will have a total cost of $300,000.00 over a 10-year period 1. Calculate the expected annual rate of return on this project. lick here to enter te 2. Calculate the cash payback on this project. Click here to enter text

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