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Business, 27.07.2021 21:20 chackey

Flores Company has identified that the cost of new manufacturing equipment will be $60,000, but with the use of the new equipment, net income will increase by $5,000 a year. If depreciation expense is $5,000 a year, the cash payback period is:

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Flores Company has identified that the cost of new manufacturing equipment will be $60,000, but with...
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