The following data are accumulated by Geddes Company in evaluating the purchase of equipment, having...
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Accounting
The following data are accumulated by Geddes Company in evaluating the purchase of equipment, having a four-year useful life: Year 1 Year 2 Year 3 Year 4 DATA Net Income Net Cash Flow $48,500 $81,000 27,500 60,000 10,500 43,000 2,500 35.000 Cost of equipment Desired rate of return $130,000 6% Using formulas and cell references, perform the required analysis, and input your answer into the Amount column. Transfer the numeric result for the green entry cell (D18) into the appropriate fields in CNOWV2 for grading
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