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The Dammon Corp. has the following investment opportunities: Machine B ($22,500 cost) Inflows Machine C ($35,500 cost). Inflows Machine A ($10,000 cost) Inflows year 1
The Dammon Corp. has the following investment opportunities: Machine B ($22,500 cost) Inflows Machine C ($35,500 cost). Inflows Machine A ($10,000 cost) Inflows year 1 $6,000 year 2 3,000 year 3 year 1 $-0- year 1 $12,000 year 2 7,500 year 2 30,000 3,000 year 3 1,500 year 3 5,000 year 4 -0- year 4 1,500 year 4 20,000 Under the payback method and assuming these machines are mutually exclusive, which machine(s) would Dammon Corp. choose
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