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Soft Touch Car Wash is considering the purchase of a new automated sudser and has narrowed it down to 2 possible machines: One, which costs
Soft Touch Car Wash is considering the purchase of a new automated sudser and has narrowed it down to possible machines: One, which costs more but lasts longer, and one that is less expensive but has a shorter useful life. The expected cash flows associated with the machines are as follows:
Expected cash flow of two machines Year Machine A Machine B
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What is the Payback Period for Machine A and Machine B
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