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Lexington Corp.is considering the purchase of a new piece of equipment.The cost savings from the equipment would result in an annual increase in cash flow of $100,000.The equipment will have an initial cost of $500,000 and have an 8-year life.There is no salvage value of the equipment.The hurdle rate is 8%.Ignore income taxes.Calculate the following:
a.Accounting rate of return
b.Payback period
Hypospadias
a birth defect in males in which the opening of the urethra is not located at the tip of the penis.
Epispadias
A rare congenital defect in which the opening of the urethra is on the upper (dorsal) side of the penis, in males, or in an abnormal position in females.
Hydrocele
A fluid-filled sac around a testicle, often first noticed as swelling of the scrotum.
Ductus Deferens
A tubular structure that transports sperm from the testicles to the urethra.
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