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Renzoni incorporated, has invested in new pasta manufacturing equipment at a cost of $72,000. The equipment has an estimated useful life of eight years. Estimated

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Renzoni incorporated, has invested in new pasta manufacturing equipment at a cost of $72,000. The equipment has an estimated useful life of eight years. Estimated annual sales and operating expenses related to the pasta equipment follow: The estimated payback of the investment in the pasta equipment is: Multiple Choice 30 years. 40 years

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