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28 Sep 2019
The management of Urbine Corporation is considering the purchaseof a machine that would cost $330,000 would last for 6 years, andwould have no salvage value. The machine would reduce labor andother costs by $65,000 per year. The company requires a minimumpretax return of 9% on all investment projects. (Ignore incometaxes in this problem.)
The net present value of the proposed project is closest to:(Round discount factor(s) to 3 decimal places, intermediate andfinal answers to the nearest dollar amount.)
â$20,530
â$8,410
â$38,410
â$56,290
The management of Urbine Corporation is considering the purchaseof a machine that would cost $330,000 would last for 6 years, andwould have no salvage value. The machine would reduce labor andother costs by $65,000 per year. The company requires a minimumpretax return of 9% on all investment projects. (Ignore incometaxes in this problem.)
The net present value of the proposed project is closest to:(Round discount factor(s) to 3 decimal places, intermediate andfinal answers to the nearest dollar amount.)
â$20,530
â$8,410
â$38,410
â$56,290
Bunny GreenfelderLv2
28 Sep 2019