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What is the estimated cash payback period for the machine

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Reference no: EM133085262

Question - Heidi Company is considering the acquisition of a machine that costs $586,920. The machine is expected to have a useful life of six years, a negligible residual value, an annual net cash flow of $80,400, and annual operating income of $67,000. What is the estimated cash payback period for the machine?

Reference no: EM133085262

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