Joanette, Inc., is considering the purchase of a machine that would cost $410,000 and would last for 5 years, at the end of which, the machine would have a salvage value of $41,000. The machine would reduce labor and other costs by $101,000 per year. Additional working capital of $3,000 would be needed immediately, all of which would be recovered at the end of 5 years. The company requires a minimum pretax return of 13% on all investment projects. (Ignore income taxes.)
Required:
Determine the net present value of the project. (Negative amount should be indicated by a minus sign. Round your intermediate calculations and final answer to the nearest whole dollar amount.)
Answers: 3
Business, 22.06.2019 20:20
An economic theory that calls for workers to take control of factories is .
Answers: 3
Business, 23.06.2019 16:10
Identify whether each acquisition is allowable under eminent domain. yes no
Answers: 1
Business, 24.06.2019 01:30
Is defined as a "flaw or weakness in system security procedures, design, implementation, or internal controls that could be exercised (accidentally triggered or intentionally exploited) and result in a security breach or violation of the system's security policy."?
Answers: 1
Joanette, Inc., is considering the purchase of a machine that would cost $410,000 and would last for...
Mathematics, 25.05.2021 21:30
Social Studies, 25.05.2021 21:30
History, 25.05.2021 21:30
Mathematics, 25.05.2021 21:30
Mathematics, 25.05.2021 21:30
Computers and Technology, 25.05.2021 21:30