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ABC company is considering the acquisition of a machine that costs $375,000. The machine is expected to have a useful life of 6 years,a negligible

ABC company is considering the acquisition of a machine that costs $375,000. The machine is expected to have a useful life of 6 years,a negligible residual value,an annual cash flow of $150,000 and annual operating income of $87,500. What is the estimated cash payback period for the machine?

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