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please make the answer easy to read, thank you Multiple Choice Question 54 A company is considering purchasing a machine that costs $500000 and is
please make the answer easy to read, thank you
Multiple Choice Question 54 A company is considering purchasing a machine that costs $500000 and is estimated to have no salvage value at the end of its 8-year useful life. If the machine is purchased, annual revenues are expected to be $210000 and annual operating expenses exclusive of depreciation expense are expected to be $48000. The straight-line method of depreciation would be used. The cash payback period on the machine is 3.1 years. 2.1 years. 4.1 years. 8.0 years. Click if you would like to Show Work for this question: Open Show Work Question Attempts: 0 of 1 used SAVE FOR LATER SUBMIT ANSWER pe here to search O e D . - G 2020 DOLLStep by Step Solution
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