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View Policies Current Attempt in Progress Karendo Corporation is considering purchasing another machine for its manufacturing operations. The machine would cost $485,275. It would have
View Policies Current Attempt in Progress Karendo Corporation is considering purchasing another machine for its manufacturing operations. The machine would cost $485,275. It would have an estimated life of five years with no salvage value. The company estimates that annual cash inflows would Increase by $203.000 and that annual cash outflows would increase by $85,500 Calculate the cash payback period (Round answer to 2 decimal places, eg, 15.25.) Cash payback period years
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