Crane Corp. is considering purchasing one of two new diagnostic machines. Either machine would make it possible for the company to bid on jobs that it currently isn't equipped to do. Estimates regarding each machine are provided here. Original cost Estimated life Salvage value Estimated annual cash inflows Estimated annual cash outflows Click here to view the factor table. Net present value Machine A Profitability index $76,900 8 years 0 $19,600 $5,150 Machine A Machine B $186,000 8 years Calculate the net present value and profitability index of each machine. Assume a 9% discount rate. (If the net present value is negative, use either a negative sign preceding the number eg -45 or parentheses eg (45). Round answer for present value to 0 decimal places, e.g. 125 and profitability index to 2 decimal places, e.g. 10.50. For calculation purposes, use 5 decimal places as displayed in the factor table provided.) 0 $39,800 $10,080 Machine B

Crane Corp. is considering purchasing one of two new diagnostic machines. Elther machine would make it possible for the company to bid on jobs that it currently isn't equipped to do. Estimates regarding each machine are provided here. Click here to view the factor table Calculate the net present value and peohitability index of each machine. Assume a 9% divcount rate. Of the net preient velue is negutive. use either a negative sign preoeding the number eg 45 or parencheses es (45). Round onswer for present value fo 0 docimal ploces, r. 125 and profitability inder to 2 decimal ploces es 1050 . For coleulation purposes, use 5 decimal placer as displayed in the foctor table provided) Crane Corp. is considering purchasing one of two new diagnostic machines. Elther machine would make it possible for the company to bid on jobs that it currently isn't equipped to do. Estimates regarding each machine are provided here. Click here to view the factor table Calculate the net present value and peohitability index of each machine. Assume a 9% divcount rate. Of the net preient velue is negutive. use either a negative sign preoeding the number eg 45 or parencheses es (45). Round onswer for present value fo 0 docimal ploces, r. 125 and profitability inder to 2 decimal ploces es 1050 . For coleulation purposes, use 5 decimal placer as displayed in the foctor table provided)