Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. charlie's calculator company is considering purcha

Charlie's Calculator Company is considering purchasing a machine costing $35,000 that will automate the production...

60.1K

Verified Solution

Question

Accounting

image

Charlie's Calculator Company is considering purchasing a machine costing $35,000 that will automate the production of its product. Charlie estimates that cash flow generated from selling calculators will be $15,000 a year for 6 years. Question: What is the Net Present Value of this investment if the desire rate of return is 10%? $22,336.00 O $30,329.50 $65,329.50 O $117,435.50

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students