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A. $853,320 B. $874,000 C. $872,000 D. $839,476 A. $853,320 B. $874,000 C. $872,000 D. $839,476 Home Express Moving Company IS considering purchasing new equipment
A. $853,320 B. $874,000 C. $872,000 D. $839,476 A. $853,320 B. $874,000 C. $872,000 D. $839,476
Home Express Moving Company IS considering purchasing new equipment that costs $728,000. Its management estimates that the equipment will generate cash Inflows as follows: Year 1 2 3 4 6 $204,000 204,000 268,000 268,000 162,000 Present value of $1: 7% 0.936 0.873 0.816 0.763 8% 0.926 0.867 0.794 m 735 9% 0_917 0_842 0.772 0_708 0_826 0.751 0.683 O 2 3 4 D. 6% 0.943 0.890 0.840 0.792 $863,320 $874,000 $872,000 $839,476
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