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solve the question pls Whispering Winds Company is considering investing in new equipment that will cost $1.426,000 with a 10-year useful life. The new equipment
solve the question pls
Whispering Winds Company is considering investing in new equipment that will cost $1.426,000 with a 10-year useful life. The new equipment is expected to produce annual net income of $40,200 over its useful life. Depreciation expense, using the straight-line rate, Is $142,600 per year. Compute the cash payback period. (Round answer to 1 decimal place, es 15.2.) Cash payback period years Step by Step Solution
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