Question
Assume that a company purchased a new machine for $18,000 that has a salvage value of $5,000 at the end of its useful life of
Assume that a company purchased a new machine for $18,000 that has a salvage value of $5,000 at the end of its useful life of five years. The machine is expected to save the company $6,000 a year in cash operating costs for five years. The companys discount rate is 15%. The profitability index of this investment opportunity is closest to:
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Practical Guide To Commercial And Industrial Energy Auditing
Authors: Mtijan M Kamara
1st Edition
1717257321, 978-1717257321
