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URGENT PLEASE HELP!! A machine can be purchased for $180,000 and used for...

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Accounting

URGENT PLEASE HELP!!

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A machine can be purchased for $180,000 and used for five years, yielding the following net incomes. In projecting net incomes, straight-line depreciation is applied using a five-year life and a zero salvage value. Compute the machine's payback period (ignore taxes). (Round your intermediate calculations to 3 decimal places and round payback period answer to 3 decimal places.) Determine whether management should accept or reject the new business

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