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Anchor Inc. is considering purchasing a machine that costs $200000 and is estimated to have...

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Accounting

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Anchor Inc. is considering purchasing a machine that costs $200000 and is estimated to have no salvage value at the end of its 4-year useful life. The straight-line method of depreciation is to be used. Projected annual cash inflows and outflows are as follows: The cash payback period is 3.00 years. 3.20 years. 2.25 years. 2.59 years

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