A company is considering investing $100,000 in a new machine that will reduce its annual cash operating

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A company is considering investing $100,000 in a new machine that will reduce its annual cash operating costs as follows:image text in transcribed

Calculate the payback period to the nearest 0.1 years.

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Management Accounting

ISBN: 9780273718451

2nd Edition

Authors: Pauline Weetman

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