Hayden Company is considering the acquisition of a machine that costs $571,000. The machine is expected to have a useful life of 6 years, a negligible residual value, an annual net cash inflow of $91,000, and annual operating income of $77,350. The estimated cash payback period for the machine (round to one decimal place) O a. 8.6 years O b. 6.3 years O c. 1.2 years Od 74 years
Hayden Company is considering the acquisition of a machine that costs $571,000. The machine is expected to have a useful life of 6 years, a negligible residual value, an annual net cash inflow of $91,000, and annual operating income of $77,350. The estimated cash payback period for the machine (round to one decimal place) O a. 8.6 years O b. 6.3 years O c. 1.2 years Od 74 years
Chapter9: Capital Budgeting And Cash Flow Analysis
Section: Chapter Questions
Problem 13P
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