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Business, 12.03.2021 15:50 Halieyrobinson3003

Vandezande Inc. is considering the acquisition of a new machine that costs $370,000 and has a useful life of 5 years with no salvage value. The incremental net operating income and incremental net cash flows that would be produced by the machine are: The payback period of this investment, rounded off to the nearest tenth of a year, is closest to: a. 2.9 years
b. 4.9 years
c. 3.1 years
d. 5.0 years

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