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Playtime Products is considering producing toy action foures and sundbox toys. The peoducts require difforent specialized machines, each costing $1 milion. Each mactine has a

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Playtime Products is considering producing toy action foures and sundbox toys. The peoducts require difforent specialized machines, each costing $1 milion. Each mactine has a fve-year ith and PlaytimenRR screening nie? Predicted Annual Net Cash Inflows Playtime will consider making capital investments only if the payback period of the project is less than 3.5 years and the ARR exceeds 8%. First, enter the formula, then compute the ARR of the sandbox toy project. (Enter amounts in dollars, not millions. Enter your Accounting rate of return Future value Initial investment Net present value Present value Residual value Total cash inflows

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