Marigold Company is considering the purchase of a machine with an estimated useful life of...
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Accounting
Marigold Company is considering the purchase of a machine with an estimated useful life of 5 years with the following data: Initial cost $ 70000 One-time training cost 7200 Annual maintenance costs 7000 Annual cost savings 35000 Salvage value 9100 The cash payback period is O 2.23 years O 2.52 years O 2.76 years. 2.50 years
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