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View Policies Current Attempt in Progress Sheffield Cosmetics is planning to expand its product line to include stage makeup. The expansion will require the company

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View Policies Current Attempt in Progress Sheffield Cosmetics is planning to expand its product line to include stage makeup. The expansion will require the company to purchase special mixing equipment at a cost of $112,010. The equipment will have a useful life of 11 years. Click here to view the factor table. Click her (a) If Sheffield uses a 10% hurdle rate, what is the minimum annual net cash inflow required to make this project acceptable under the internal rate of return method? (For calculation purposes, use 4 decimal places as displayed in the factor table provided and round final answer to decimal places, c.8. 58,971.) Annual net cash inflow Save for later Attempts: 0 of 1 used Submit

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