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Wildhorse Company is considering buying a machine for $420000 with an estimated life of 10 years and no salvage value. The straight-line method of
Wildhorse Company is considering buying a machine for $420000 with an estimated life of 10 years and no salvage value. The straight-line method of depreciation will be used. The machine is expected to generate net income of $8000 each year. The cash payback period on this investment is 10.00 years. 8.40 years. 26.25 years. O 5.25 years.
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