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Q21 Jones LLC is purchasing a new machine for $180,000. The new machine would generate cash flows of $100,000 for each of the next three
Q21
Jones LLC is purchasing a new machine for $180,000. The new machine would generate cash flows of $100,000 for each of the next three years. Jones uses a discount rate of 15%. What is the benefit cost ratio?
a. 1.57
b. 1.67 c. 1.77 d. 1.87
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