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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

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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. Clickhere to view the factor table. 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 proceding the number eg 45 or porentheses es (45). Round answer for present volue to 0 decimai ploces, eg. 125 and profitability index to 2 decimal ploces, e: 3.1050. For colculation purposes, use 5 decimal ploces as displayed in the foctor table provided) Which machine should be purchased? should be purchased

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