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Business, 27.06.2019 07:00 alize123213

Preston products is considering acquiring a manufacturing plant. the purchase price is $ 1,740,000. the owners believe the plant will generate net cash inflows of $ 290,000 annually. it will have to be replaced in five years. to be profitable, the investment's payback period must occur before the investment's replacement date. use the payback method to determine whether preston products should purchase this plant.

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Preston products is considering acquiring a manufacturing plant. the purchase price is $ 1,740,000....

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