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Lamar Company invests an equipment in a project with an 8 years life and required...

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Accounting

Lamar Company invests an equipment in a project with an 8 years life and required a $240,000. At the end of the 8th years project will be determined and the group will have 0 salvage value

Sales $300,000

Variable expense $180,000

Contribution Margin $120,000

Marketing Expense $70,000

Depreciation $30,000

Net operating income $20,000

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