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Find investment must generate expected annual income of

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Question 1: Germain Company purchased a new machine for $200,000 and will use the straight-line method of depreciation over 4 years with no salvage value. If the company's minimum annual rate of return is 10%, this investment must generate expected annual income of

A.$10,000

B.$3,000

C.$20,000

D.$50,000

Reference no: EM132614106

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