Question
Automated meat packing machine Saves $50,000/year in labor costs Investment = 200,000 Life = 10 years Salvage = $10,000 at end of life Annual maintenance
Automated meat packing machine
Saves $50,000/year in labor costs
Investment = 200,000
Life = 10 years
Salvage = $10,000 at end of life
Annual maintenance cost $9000
i = 10%
Draw cash flow diagram.
Is this a good investment? Use PW method
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Foundations Of Financial Management
Authors: Stanley B. Block, Geoffrey A. Hirt, Bartley R. Danielsen
13th Edition
0073382388, 978-0073382388
