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Chapter 14: Applying Excel: Exercise (Part 2 of 2) (Algo) 2. The company is considering a project involving the purchase of new equipment. Change the
Chapter 14: Applying Excel: Exercise (Part 2 of 2) (Algo) 2. The company is considering a project involving the purchase of new equipment. Change the data area of your worksheet to match the following: Use Exhibit 148.1 and Exhibit 14B-2 (Use appropriate factor(s) from the tables provided.) B $ $ A 1 Chapter 14: Applying Excel 2 3 Data 4 Example E 5 Cost of equipment needed 36 Working capital needed 7 Overhaul of equipment in four years 8 Salvage value of the equipment in five years 9 Annual revenues and costs: 10 Sales revenues 11 Cost of goods sold 12 Out-of-pocket operating costs 13 Discount rate 70,000 30,000 5,000 30,000 $ $ $ $ $ 360,000 260,000 90,000 10 %
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