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skysheep272Lv1
28 Sep 2019
SHOW ALL WORK. Ignore income taxes in all problems.
The management of Serpas Corporation is considering the purchase ofa machine that would cost $180,000, would last for 5 years, andwould have no salvage value. The machine would reduce labor andother costs by $46,000 per year. The company requires a minimumpretax return of 13% on all investment projects. What is the netpresent value of the proposed project?
SHOW ALL WORK. Ignore income taxes in all problems.
The management of Serpas Corporation is considering the purchase ofa machine that would cost $180,000, would last for 5 years, andwould have no salvage value. The machine would reduce labor andother costs by $46,000 per year. The company requires a minimumpretax return of 13% on all investment projects. What is the netpresent value of the proposed project?
Jean KeelingLv2
28 Sep 2019
