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If an equipment investment were $15,000 with a five-year life using straight-line depreciation and provided...

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Accounting

  1. If an equipment investment were $15,000 with a five-year life using straight-line depreciation and provided additional annual sales revenue of $5,000 and expenses (excluding depreciation) of $500, and the company is in a 35 percent tax bracket, the payback period is (5 points):

Given the facts in the preceding question, the ARR is (5 points):

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