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The Dammon Corp. has the following investment opportunities: Machine A Machine B Machine C In. Inv. (10,000) (22,500) (35,500) years Inflows Inflows Inflows 1 6,000
The Dammon Corp. has the following investment opportunities:
Machine A | Machine B | Machine C | |
In. Inv. | (10,000) | (22,500) | (35,500) |
years | Inflows | Inflows | Inflows |
1 | 6,000 | 14,000 | - |
2 | 2,900 | 7,500 | 35,000 |
3 | 3,500 | 5,000 | 6,000 |
4 | - | 1,500 | 20,000 |
Under the payback method and assuming these machines are mutually exclusive, which machine(s) would Dammon Corp. choose?
Select one:
Machines A and C
Machines B and C
Machine A
Machine C
Machine B
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