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Business, 10.08.2021 01:20 alyssarene16
Heidi Company is considering the acquisition of a machine that costs $555,750. The machine is expected to have a useful life of six years, a negligible residual value, an annual net cash flow of $97,500, and annual operating income of $65,000. What is the estimated cash payback period for the machine (round to one decimal point)? a.1.5 years b.5.7 years c.8.6 years d.3.4 years
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Heidi Company is considering the acquisition of a machine that costs $555,750. The machine is expect...
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