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Business, 24.04.2020 20:44 love0000

Hayden Company is considering the acquisition of a machine that costs $564,000. The machine is expected to have a useful life of 6 years, a negligible residual value, an annual net cash flow of $98,000, and annual operating income of $83,300. What is the estimated cash payback period for the machine (round to one decimal points)?

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