Business, 10.12.2019 05:31 Rodny1047

The management of kunkel company is considering the purchase of a $36,000 machine that would reduce operating costs by $8,500 per year. at the end of the machine’s five-year useful life, it will have zero scrap value. the company’s required rate of return is 13%. determine the net present value of the investment in the machine. (any cash outflows should be indicated by a minus sign. round answers to the nearest dollar.)

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