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  1. business
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  3. required: 1a. compute the payback period for the e

Required: 1a. Compute the payback period for the equipment. 1b. If the company requires a...

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Accounting

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Required: 1a. Compute the payback period for the equipment. 1b. If the company requires a payback period of four years or less, would it buy the equipment? 2a. Compute the simple rate of return on the equipment. Use straight-line depreciation based on the equipment's useful life. 2b. Would the company buy the equipment if its required rate of return is 14% ? Compute the simple rate of return on the equipment. Use straight-line depreciation based on the equipment's useful life. Note: Round your answer to 1 decimal place l.e, 0.123 should be considered as 12.3%

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