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Heidi Company is considering the acquisition of a machine that costs $557,000. The machine is...

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Accounting

Heidi Company is considering the acquisition of a machine that costs $557,000. The machine is expected to have a useful life of 6 years, a negligible residual value, an annual net cash inflow of $123,000, and annual operating income of $87,038. The estimated cash payback period for the machine is (round to one decimal point)? a 6.0 years b. 45 years c. 6.4 years Od. 6.5 years
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Heidi Company is considering the acquisition of a machine that costs $557,000. The machine is expected to have a useful life of 6 years, a negligible residual value, an annual net cash inflow of $123,000, and annual operating income of $87,038. The estimated cash payback period for the machine is (round to one decimal point)? Q. 6.0 yean b. 45 year c. 6.4 yean d. 63 yars

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