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Hayden Company is considering the acquisition of a machine that costs $382,000. The machine is expected to have a useful life of 6 years, a
Hayden Company is considering the acquisition of a machine that costs $382,000. The machine is expected to have a useful life of 6 years, a negligible residual value, an annual net cash inflow of $80,000, and annual operating income of $68,000. The estimated cash payback period for the machine is (round to one decimal place) O a. 6.8 years Ob. 4.8 years O c. 1.2 years O d. 5.6 years
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