Question: need answer WileyPLUS Problem 13-2 Karendo Corporation is considering purchasing another machine for its manufacturing operations. The machine would cost $437,310. It would have an

need answer need answer WileyPLUS Problem 13-2 Karendo Corporation is considering purchasing another machine

WileyPLUS Problem 13-2 Karendo Corporation is considering purchasing another machine for its manufacturing operations. The machine would cost $437,310. It would have an estimated life of five years with no salvage value. The company estimates that annual cash inflows would increase by $200,000 and that annual cash outfiows would increase by $87,000 Calculate the cash payback period. (Round answer to 2 decimal places, 0.9, 15.25.) Cash payback period years

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