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Question 1 Magnum Limited operates a series of hairdressing salons and have recently been presented with a proposal to add sun bed facilities to their
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Magnum Limited operates a series of hairdressing salons and have recently been presented with a proposal to add sun bed facilities to their salons. The sun beds would cost in total to buy and install; they would have an estimated useful life of five years after which they could be sold for in total. The Finance Manager David Parsons is considering two proposals that came from the County Managers in County A and County B respectively.
Their net cash inflow projections are as follows:
tableYearProject AProject BCash Inflows from Operations,
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