Question: true or false? 1 1 Let's say that the owner of Perfect Images Salon is considering the purchase of a new tanning bed. If Cost

true or false?

1 1 Let's say that the owner of Perfect Images Salon is considering the purchase of a new tanning bed. If Cost - $50,000; CF = $15,000 per year for 3 years. The firm has a policy of buying equipment only if the payback period is 3 years or less. After calculating the payback period, the owner decide to buy it

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