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Submitted by • July 26, 2016

Purchase of equipment can represent a heavy capital cost for businesses. Businesses can buynew or used equipment. However, it can take considerable time for this investment to deliver returns. Hence, businesses should try to evaluate the purchase of equipment in relation to various factors such as objectives, cost, finance and long term plans. The information below explains these factors in detail.

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Voted by stephenjadhav07

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