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2. The company is considering a project involving the purchase of new equipment. Change the data area of your worksheet to match the following:
2. The company is considering a project involving the purchase of new equipment. Change the data area of your worksheet to match the following: Use Exhibit 14B-1 and Exhibit 148-2 (Use appropriate factor(s) from the tables provided.) A B C 1 Chapter 24: Applying Excel 2 3 Data 4 Example E 5 Cost of equipment needed $ 300,000 6 Working capital needed $ 30,000 7 Overhaul of equipment in four years $ 35,000 8 Salvage value of the equipment in five years $ 40,000 9 Annual revenues and costs 10 Sales revenues $ 425,000 11 Cost of goods sold $ 265,000 12 Out-of-pocket operating costs $ 75,000 13 Discount rate 15 %
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