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Business, 10.08.2021 05:00 spearjj

Wildhorse Company is considering buying a machine for $120000 with an estimated life of 10 years and no salvage value. The straight-line method of depreciation will be used. The machine is expected to generate net income of $4000 each year. The cash payback on this investment is: a. 10.00 years.
b. 15.00 years.
c. 6.00 years.
d. 7.50 years.

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