Question: First Choice Carpets is considering purchasing new weaving equipment conting $704,000. The company's management has estimated that the equipmont will panorato cathindows as follows $200,000

First Choice Carpets is considering purchasing new weaving equipment conting $704,000. The company's management has estimated that the equipmont will panorato cathindows as follows $200,000 206.000 252.000 252.000 5 158,000 Considering the residu valmiszer, calculate the payback period (Round your answer to wo decimal places) Year 2 3 A358 years 3.378 year C 3.15 years OD 145 year

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4-31. We will be opening our new facility sometime this spring.

4-34. Over the holiday, we hired a crew to expand the work area.

4-33. The new production line has been operating with increased efficiency on every run.