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Business, 02.04.2020 18:21 ilianysacosta10

The management of Wyoming Corporation is considering the purchase of a new machine costing $375,000. The company's desired rate of return is 6%. The present value factor for an annuity of $1 at interest of 6% for 5 years is 4.212. In addition to the foregoing information, use the following data in determining the acceptability in this situa

col1 Year 1 2 3 4 5
col2 Income from Operations $18,750 18,750 18,750 18,750 18,750The cash payback period for this investment is:A) 4 yearsB) 5 yearsC) 3 yearsD) 20 years

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The management of Wyoming Corporation is considering the purchase of a new machine costing $375,000....
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