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The management of Idaho Corporation is considering the purchase of a new machine costing $ 4 3 0 , 0 0 0 . The company's
The management of Idaho Corporation is considering the purchase of a new machine costing $ The company's desired rate of return is The present value factors for $ at compound interest of for Years through are and respectively. In addition to the foregoing information, use the following data in determining the acceptability of this investment:
tableYeartableIncome fromOperationsNet Cash Flow$$
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