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Victory Ltd . decided to purchase a machine to increase the installed capacity. The company has four machines under consideration. The relevant details including estimated

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Victory Ltd. decided to purchase a machine to increase the installed capacity. The company has four machines under consideration. The relevant details including estimated yearly expenditure and sales are given below. All sales are for cash. Corporate tax rate @ 33.99%(inclusive of surcharge @ 10%, deduction cess @ 2% and secondary and higher education cess @ 1%)
(10)
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