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The plant manager of Orlando Electronics Company is considering the purchase of new automated assembly equipment. The new equipment will cost $219,000. The manoger believes

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The plant manager of Orlando Electronics Company is considering the purchase of new automated assembly equipment. The new equipment will cost $219,000. The manoger believes that the new invostment wilt result in direct labor savings of $73,000 per year for to years. a. What is the payback period on this project? years b. What is the net oresent value, assuming a 10 w rate of return? Une the table provided above, Round to the nearest whole dellar. Net present value 1 c. What etse should the manoger consider in the analysis

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