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Crane Company accumulates the following data concerning a proposed capital investment: cash cost $247,060, net annual cash flows $44,000, and present value factor of
Crane Company accumulates the following data concerning a proposed capital investment: cash cost $247,060, net annual cash flows $44,000, and present value factor of cash inflows for 10 years is 5.89 (rounded). (If the net present value is negative, use either a negative sign preceding the number eg-45 or parentheses eg (45).) Determine the net present value, and indicate whether the investment should be made. Net present value $ The investment be made. Save for Later Attempts: unlimited Submit Answer
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