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The following data are accumulated by Paxton Company in evaluating the purchase of $144,700 of equipment, having a four-year useful life: value. b. Would management

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The following data are accumulated by Paxton Company in evaluating the purchase of $144,700 of equipment, having a four-year useful life: value. b. Would management be likely to look with favor on the proposal? The net present value indicates that the return on the proposal is than the minimum desired rate of return of 6%

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