Business, 09.12.2021 14:40 jahmanilittlejotz1pe
Heidi Company is considering the acquisition of a machine that costs $1,215,240. The machine is expected to have a useful life of six years, a negligible residual value, an annual net cash flow of $155,800, and annual operating income of $82,000. What is the estimated cash payback period for the machine (round to one decimal point)
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Heidi Company is considering the acquisition of a machine that costs $1,215,240. The machine is expe...
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