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Question Content Area Heidi Company is considering the acquisition of a machine that costs...

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Accounting

Question Content Area
Heidi Company is considering the acquisition of a machine that costs $485,000. The machine is expected to have a useful life of 6 years, a negligible residual value, an annual net cash inflow of $111,000, and annual operating income of $84,937. The estimated cash payback period for the machine is (round to one decimal point)?
a.6.5 years
b.4.4 years
c.5.0 years
d.5.7 years

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