Howard company could buy a machine that cost $50,000. It is estimated that it will...
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Accounting
Howard company could buy a machine that cost $50,000. It is estimated that it will have cash flows every year for five years of $7000. The discount figures are .567 for cash received at the end of five years and 3.605 for each received every year for five years. Should they buy the machine?
Cannot tell
No, the net present value is -24765
Yes, they will earn 24,765
Yes, they will earn 25,235
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