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Check my work Beyer Company is considering the purchase of an asset for $220,000. It is expected to produce the following net cash flows. The

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Check my work Beyer Company is considering the purchase of an asset for $220,000. It is expected to produce the following net cash flows. The cash flows occur evenly within each year. Assume that Beyer requires a 12% 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.) eBook Year 1 $74,000 Year 2 $54,000 Net cash flows Year 3 $75,000 Year 4 $139,000 Year 5 $53,000 Total $395,000 a. Compute the net present value of this investment. (Round your answers to the nearest whole dollar.) Year Net Cash Flows Present Value of 1 at 12% Present Value of Net Cash Flows 3 4 5 Totals Amount invested Net present value b. Should Beyer accept the investment? Yes No Prey 1 of 7 Next >

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