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B2B Company is considering the purchase of equipment that would allow the company to add a new product to its line. The equipment costs $376,000

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B2B Company is considering the purchase of equipment that would allow the company to add a new product to its line. The equipment costs $376,000 and has a 8-year life and no salvage value B2B Company requires at least an 9% return on this investmer The expected annual income for each year from this equipment follows: PV of si, FV of $1. PVA of S1, and FVA of 5) (Use appropriat factor(s) from the tables provided.) Sales of new product $ 235,000 Expenses Materials, labor, and overhead (except depreciation) 82,000 Depreciation Equipment 47,000 selline, general, and administrative expenses 23,500 Income $ 82,500 (a) Compute the net present value of this investment (b) Should the investment be accepted or rejected on the basis of net present value? Complete this question by entering your answers in the tabs below. quired A Required B Compute the net present value of this investment (Round your present value factor to 4 decimals and other final answers to the nearest whole dollar Present A Present Value (a) Compute the net present value of this investment. (b) Should the investment be accepted or rejected on the basis of net present value? Complete this question by entering your answers in the tabs below. Required A Required B Compute the net present value of this investment. (Round your present value factor to 4 decir the nearest whole dollar.) Annual Net Cash Flows Present Value of Annuity at 9% = Present Value of Net Cash Flows Years 1 through 8 Initial Investment Net present value 0 Required B>

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