Al Accounting - Brewer, Garrison, Noreen, 8e, Capital Budgeting Decisions Pam's Pet Palace Is Considering An Investment In Dog Grooming Equipment That Would Increase Cash Recelpts By $12,000 Annually. The Initial Cost Of The Equipment Is $50,000. The Equipment Has An Estimated 10 Year Life And Will Have A $5,000 Salvage Value. Using A Discount Rate Of 8%,

 

al Accounting - Brewer, Garrison, Noreen, Be, Capital Budgeting Decisions Pam's Pet Palace is considering an investment in dog grooming equipment that would increase cash receipts by $12,000 annually. The initial cost of the equipment is $50,000. The equipment has an estimated 10 year life and will have a $5,000 salvage value. Using a discount rate of 8%, and the tables in the appendix, what is the net present value of this equipment? Click the answer you think is right. $30,520 $35,520 $82,835 $32,835 Do you know the answer? I know it Read about this Think so Unsure No Idea