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What the estimated cash payback period for the machine

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Question - Hayden Company is considering the acquisition of a machine that costs $302,000. The machine is expected to have a useful life of 6 years, a negligible residual value, an annual net cash inflow of $90,000, and annual operating income of $76,500. What the estimated cash payback period for the machine?

Reference no: EM133078449

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