Price Mart is considering outsourcing its billing operations. A consultant estimates that outsourcing should result...
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Accounting
Price Mart is considering outsourcing its billing operations. A consultant estimates that outsourcing should result in after-tax cash savings of $10,600 the first year, $16,600 for the next two years, and $19,600 for the next two years. Interest is at 10%. Assume cash flows occur at the end of the year. Required: Calculate the total present value of the cash flows.
Total Present Value of the Cash FLOWs _____
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