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A company is considering purchasing a machine for $21,000. The machine will generate income from operations of $2,000; annual cash flows from the machine will be $3,500. The payback period for the new machine is 10.5 years.
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Communications designed to influence, convince, or motivate the recipient to adopt a particular viewpoint, make a decision, or take action.
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The reasons for which something is done or created or for which something exists.
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