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Angler Corp. did some further research and found one other possible machine that would produce the same type of production efficiencies. The information regarding

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Angler Corp. did some further research and found one other possible machine that would produce the same type of production efficiencies. The information regarding Machine C is below. Machine C Original cost $250,000 Estimated life 10 years Salvage value $30,000 Estimated annual cash inflows $45.000 Estimated annual cash outflows $10,000 Calculate the net present value and profitability index for Machine C. Use an 8% discount rate. (Round present value factor calculations to 5 decimal places, eg. 1.25124 and the final answer to 2 decimal places eg 589.71. Enter negative amounts using either a negative sign preceding the number eg-45.35 or parentheses eg. (45.35)) Net present value Profitability index 0991

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