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Hayden Company is considering the acquisition of a machine that costs $ 5 6 7 , 0 0 0 . The machine is expected to

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Hayden Company is considering the acquisition of a machine that costs $567,000. The machine is expected to have a useful life of 6 years, a negligible residual value, an annual net cash inflow of $92,000, and annual operating income of $78,200. The estimated cash payback period for the machine is (rounc to one decimal place)
a.6.2 years
b.8.4 years
c.1.2 years
d.7.3 yearsX
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