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See Organic Farms purchased a new tractor at a cost of R 80 000. Annual operating cash inflows are expected to be R 30 000

See Organic Farms purchased a new tractor at a cost of R 80 000. Annual operating cash inflows are expected to be R 30 000 each year for four years. At the end of the tractors useful life, the salvage value of the tractor is expected to be R 5 000. Required: 1.1 See Organic requires a payback period of not more than 5 years, on the basis of this criterion should the project be accepted?

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