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Almendarez Corporation is considering the purchase of a machine that would cost $320,000 and would last for 7 years. At the end of 7 years,
Almendarez Corporation is considering the purchase of a machine that would cost $320,000 and would last for 7 years. At the end of 7 years, the machine would have a salvage value of $51,000. By reducing labor and other operating costs, the machine would provide annual cost savings of 572,000. The company requires a minimum pretax retum of 18% on al investment projects. (ignore Income Click here to view Ext 13B-1 and Exhib 138-2. to determine the appropriate discount factors) using the tables provided The net present value of the proposed project is closest to Me Choice SD 129.523
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