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Heidi Company is considering the acquisition of a machine that costs $492,800. The machine is expected to have a useful life of 6 years, a
Heidi Company is considering the acquisition of a machine that costs $492,800. The machine is expected to have a useful life of 6 years, a negligible residual value, an annual net cash flow of $112,000, and annual income from operations of $70,000. What is the estimated cash payback period for the machine?
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