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Business, 05.05.2020 05:33 StephenCurry34

Problem 13-140 Brewer Company is considering purchasing a machine... Brewer Company is considering purchasing a machine that would cost $537,600 and have a useful life of 9 years. The machine would reduce cash operating costs by $82,708 per year. The machine would have a salvage value of $107,520 at the end of the project. (Ignore income taxes.) Required: a. Compute the payback period for the machine. (Round your answer to 2 decimal places.) Payback period years b. Compute the simple rate of return for the machine. (Round your answer to 2 decimal places. Omit the "%" sign in your response.) Simple rate of return %

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Problem 13-140 Brewer Company is considering purchasing a machine... Brewer Company is considering p...
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