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Colfax company is investing in a new machine that cost $200000. The new machine would...

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Question

Accounting

Colfax company is investing in a new machine that cost $200000. The new machine would generates cash flow of $150000 for each of the next three years. Colfax uses a discount rate of 10%. What is the benefit cost ratio?

2.0

2.25

2.50

2.75

Answer & Explanation Solved by verified expert
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