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Salsa Company is considering an investment in technology to improve its operations. The investment costs $241,000 and will yield th following net cash flows. Management

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Salsa Company is considering an investment in technology to improve its operations. The investment costs $241,000 and will yield th following net cash flows. Management requires a 9% return on investments. (PV of \$1, FV of \$1. PVA of \$1, and FVA of \$1) (Use appropriate factor(s) from the tables provided.) Required: 1. Determine the payback period for this investment. 2. Determine the break-even time for this investment. 3. Determine the net present value for this investment. 4. Should management invest in this project based on net present value

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