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Crane Corp. did some further research and found one other possible machine that would produce the same type of production efficiencies. The information regarding
Crane Corp. did some further research and found one other possible machine that would produce the same type of production efficiencies. The information regarding Machine C is below: Machine C Original cost $256,600 Estimated life 10 years Salvage value $29,800 Estimated annual cash inflows $45,400 Estimated annual cash outflows $10,100 Calculate the net present value and profitability index for Machine C. Use an 8% discount rate. (Round present value factor calculations to 5 decimal places, eg. 1.25124 and the final answer to 2 decimal places eg. 589.71. Enter negative amounts using either a negative sign preceding the number eg. -45.35 or parentheses eg. (45.35).) Net present value $ Profitability index
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