Question: Current Attempt in Progress Marigold Company is considering buying a machine for $100000 with an estimated life of 5 years and no salvage value.

Current Attempt in Progress Marigold Company is considering buying a machine for

Current Attempt in Progress Marigold Company is considering buying a machine for $100000 with an estimated life of 5 years and no salvage value. The straight-line method of depreciation will be used. The machine is expected to generate net income of $5000 each year. The cash payback period on this investment is 5.0 years. 4.0 years. 20.0 years. 2.0 years.

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