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Beyer Company is considering the purchase of an asset for $180,000. It is expected to produce the following net cash flows. The cash flows occur

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Beyer Company is considering the purchase of an asset for $180,000. It is expected to produce the following net cash flows. The cash flows occur evenly within each year. Assume that Beyer requires a 15% return on its investments. (PV of $1, FV of $1. PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.) Net cash flows Year 1 $67, eee Year 2 $45,000 Year 3 $72,000 Year 4 $153,000 Year 5 $49,000 Total $386, eee a. Compute the net present value of this investment. (Round your answers to the nearest whole dollar.) Year Net Cash Flows Present Present Value Value of 1 of Net Cash at 15% Flows 0.8596 0.7561| 0.65757 | 0.5718 0.49721 ULT Totals Amount invested Net present value b. Should Beyer accept the investment? Yes No

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