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Theta Corporation is considering replacing an old machine with a new machine that costs $400,000, has a 9 year useful and a $60,000 salvage value

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Theta Corporation is considering replacing an old machine with a new machine that costs $400,000, has a 9 year useful and a $60,000 salvage value at the end of its te. If the new machine is purchased the old machine will be sold immediately for its salvage value of $20,000 Annual cash inflows related to the new machine are $80,000 and will occur evenly throughout the years. The payback period of the new machine is closest to 450 years 4 75 years 5.00 years 4 75 years Click Submit to complete this acest Question 20 of 20

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