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Business, 09.08.2021 20:30 sanchezvianna55
Hayden Company is considering the acquisition of a machine that costs $599,000. The machine is expected to have a useful life of six years, a negligible residual value, an annual net cash flow of $86,000, and annual operating income of $73,100. What is the estimated cash payback period for the machine (round to one decimal points)? a.9.4 years b.7.0 years c.1.2 years d.8.2 years
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