Hayden Company is considering the acquisition of a machine that costs $564,000. The machine is expected to have a useful life of 6 years, a negligible residual value, an annual net cash flow of $98,000, and annual operating income of $83,300. What is the estimated cash payback period for the machine (round to one decimal points)?

b is the correct answer

answerbuying in bulk;

the answer is: a greater percentage chance of loss

high risk investments had the characteristic of higher percentage of great return accompanied with higher percentage chance of loss.

this type of investments usually only suitable for investors that have enough capital to survive in case one or more of their investments fail. examples of high-risk investments are stocks and currencies.