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Current Attempt in Progress The Management of Blossom Manufacturing Company is evaluating two forklift systems to use in its plant that produces the towers for
Current Attempt in Progress The Management of Blossom Manufacturing Company is evaluating two forklift systems to use in its plant that produces the towers for a windmill power farm. The costs and the cash flows from these systems are shown below. The company uses a 8 percent discount rate for all projects. Year o Year 1 Year 2 Year 3 Otis Forklifts $-3,104,450 $991,225 $1,376,886 $2,117,497 Craigmore Forklifts $-4,153,410 $856,236 $1,747,225 $2,878,110 Calculate net present value (NPV). (Enter negative amounts using negative sign e.g. -45.25. Do not round Discount factors. Round other intermediate calculations and final answers to 0 decimal places, e.g. 1,525.) NPV Otis forklift $ Calculate net present value (NPV). (Enter negative amounts using negative sign e.g.-45.25. Do not round Discount factors. Round other intermediate calculations and final answers to O decimal places, e.g. 1,525.) NPV Otis forklift $ Craigmore Forklifts $ $ Determine which forklift system should be purchased. forklift system should be purchased. Save for Later Attempts: 1 of 2 used Submit
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