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Q.3 Ibrahim & Co. is planning to buy a new production plant to meet the temporarily increased demand of their product. The expected useful life

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Q.3 Ibrahim & Co. is planning to buy a new production plant to meet the temporarily increased demand of their product. The expected useful life of the plant is 3 years and 4 months. Assuming that the initial cash following expected cash flows, should the Ibrahim & Co. purchase the plant? (3 Marks) 30-06-2022 Net CIFs 30-06-2023 Net CIFs 30-06-2024 Net CIFs 30-06-2025 Net CIFs 30-06-2026 Net CIFS W $ 30,000 $ 40,000 $ 50,000 $ 20,000 $ 30,000 WhatsApp Image....jpeg Q.3 Ibrahim & Co. is planning to buy a new production plant to meet the temporarily increased demand of their product. The expected useful life of the plant is 3 years and 4 months. Assuming that the initial cash following expected cash flows, should the Ibrahim & Co. purchase the plant? (3 Marks) 30-06-2022 Net CIFs 30-06-2023 Net CIFs 30-06-2024 Net CIFs 30-06-2025 Net CIFs 30-06-2026 Net CIFS W $ 30,000 $ 40,000 $ 50,000 $ 20,000 $ 30,000 WhatsApp Image....jpeg

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