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4. Souls Productions is looking to produce a new machine expected to have a life...

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Accounting

4. Souls Productions is looking to produce a new machine expected to have a life cycle of 5 years. The companies requires a 30% profit per annum on this investment that will cost P1million pula to start up. 50,000 machines are expected to be produced annually and each sold at P15,000. Calculate the target cost of one machine

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