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14. Swaggerty Corporation is considering purchasingne a machine that would uld cost $462,000 and have...

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Accounting

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14. Swaggerty Corporation is considering purchasingne a machine that would uld cost $462,000 and have a useful life of 7 years. The machine wo reduce cash operating costs by $115,500 per year. The machine would have no salvage value. Required Compute the payback period for the machine. Compute the simple rate of return for the machine

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