Question
13. Purchase of equipment $ (2,810,000 ) Sales $ 2,847,000 Variable expenses (1,281,150 ) Out-of-pocket costs (782,000 ) Total cash flows (a) $ (2,810,000 )
13. Purchase of equipment $ (2,810,000 ) Sales $ 2,847,000 Variable expenses (1,281,150 ) Out-of-pocket costs (782,000 ) Total cash flows (a) $ (2,810,000 ) $ 783,850 Discount factor (b) 1.000 3.274 Present value (a) (b) $ (2,810,000) $ 2,566,326 Net present value $ (243,445 )
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Advanced Accounting
Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik
10th edition
0-07-794127-6, 978-0-07-79412, 978-0077431808
