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A company is considering a capital investment of $45,000 in new equipment which will improve production and increase cash flows by $15,000 per year for
A company is considering a capital investment of $45,000 in new equipment which will improve production and increase cash flows by $15,000 per year for 6 years. The company has a hurdle rate of 10%. The break-even time is approximately: Present Value of 1 at 10%: Period 1: 0.9091; Period 2: 0.8264; Period 3: 0.7513; Period 4: 0.6830; Period 5: 0.6209; Period 6: 0.5645
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Essentials of Accounting for Governmental and Not-for-Profit Organizations
Authors: Paul A. Copley
10th Edition
007352705X, 978-0073527055
