Question
#31 Caspian Sea Drinks is considering buying the J-Mix 2000. It will allow them to make and sell more product. The machine cost $1.75 million
#31
Caspian Sea Drinks is considering buying the J-Mix 2000. It will allow them to make and sell more product. The machine cost $1.75 million and create incremental cash flows of $713,534.00 each year for the next five years. The cost of capital is 8.18%. What is the net present value of the J-Mix 2000?
Answer format: Currency: Round to: 2 decimal places.
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Personal Finance Turning Money Into Wealth
Authors: Arthur J Keown
5th Edition
0136070620, 9780136070627
