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Angler Corp. is considering purchasing one of two new processing machines. Either machine would make...

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Accounting

Angler Corp. is considering purchasing one of two new processing machines. Either machine would make it possible for the company to produce its products more efficiently than it is currently equipped to do. Estimates regarding each machine are provided below: (a) Calculate the net present value and profitability index of each machine. Assume an \(8\%\) discount rate. (Round present value factor calculations to 5 decimal places, e.g.1.25124 and the final answer to 2 decimal places e.g.589.71. Enter negative amounts using either a negative sign preceding the number e.g.-45.35 or parentheses e.g.(45.35).) Which machine should be purchased? Angler Corp. should purchase

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