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tof 2 Use the following information for the Quick Study below. The following information applies...

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Accounting

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tof 2 Use the following information for the Quick Study below. The following information applies to the questions displayed below] Peng Company is considering an investment expected to generate an average net income after taxes of $1,900 for three rs. The investment costs $55,200 and has an estimated $6,300 salvage value. QS 24-8 Net present value LO P3 Assume Peng requires a 5% return on its investments. Compute the net present value of this investment. Assume the company uses amounts should be indicated by a minus sign.) PeofS. .ctS1, PVAofSI, and EVAofSI) (Use appropriate factor(s) from the tables provided. Negative Amount x PV Factor - t Va

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