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The payback period for a proposed $150,000, $10,000 salvage value, equipment purchase with an expected annual after-tax cash flow of $20,000 is: O 7.5 years
The payback period for a proposed $150,000, $10,000 salvage value, equipment purchase with an expected annual after-tax cash flow of $20,000 is: O 7.5 years O 0.143 years O 7 years 0.133 years
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