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The controller at Ranyah Corporation analyzed a proposed equipment purchase for the firm and decided...

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Accounting

The controller at Ranyah Corporation analyzed a proposed equipment purchase for the firm and decided that the investment met all the firms criteria regarding payback, net present value, and internal rate of return. Notwithstanding the positive results, top management decided to reject purchase of the machine. Elaborate on why a firm might reject a project even though it satisfies all the capital budgeting analyses.

PLEASE I need New Answer! Don't answer this question if you are going to copy and paste other answers in this platform! thanks.

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