Vista Company is considering two new projects, each requiring an equipment investment of $97,000. Each...
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Accounting
Vista Company is considering two new projects, each requiring an equipment investment of $97,000. Each project will last for three years and produce the following cash inflows: The equipment will have no salvage value at the end of its three-year life. Vista Company uses straight-line depreciation and requires a minimum rate of return of 12%. Present value data are as follows: Compute the net present value of each project
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