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A company has a choice of two different lathes. If the interest rate is 8%, using present woith analysis, determine the preferred lathe. Draw cash
A company has a choice of two different lathes. If the interest rate is 8%, using present woith analysis, determine the preferred lathe. Draw cash flow diagrams and show your work to receive full credit. (45 points) First Cost Annual O&M Annual Revenue Salvage Value Useful Life Lathe 1 $10.000 $2,200 $5,000 $2,000 5 years Lathe 2 $15.000 $4,300 $7,000 $0 10 years
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