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Business, 03.05.2021 20:30 marbuigues4675
Rihanna Company is considering purchasing new equipment for $527,000. It is expected that the equipment will produce net annual cash flows of $62,000 over its 10-year useful life. Annual depreciation will be $52,700. Compute the cash payback period. (Round answer to 1 decimal place, e. g. 10.5.)
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Rihanna Company is considering purchasing new equipment for $527,000. It is expected that the equipm...
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