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Mr. Js 8agels invested in a new oven for $24,000. The oven reduced the amount...

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Accounting

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Mr. Js 8agels invested in a new oven for $24,000. The oven reduced the amount of time for baking which increased production and sales for five years by the following amounts of cash inflows: Using the averaging method, the payback period for the investment in the oven would be: Mutiple Choice 200 years. 2.40 years 050 years

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