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education.wiley.com/wa/u/v2/assessment-player/index.html?launchid 762004ba-714d-4223-9cef-61e64015dcd5#/question/ Question 4 of 20 View Policies Current Attempt in Progress Oriole Bottling Corporation is considering the purchase of a new bottling machine.
education.wiley.com/wa/u/v2/assessment-player/index.html?launchid 762004ba-714d-4223-9cef-61e64015dcd5#/question/ Question 4 of 20 View Policies Current Attempt in Progress Oriole Bottling Corporation is considering the purchase of a new bottling machine. The machine would cost $188,200 and has an estimated useful life of 8 years with zero salvage value. Management estimates that the new bottling machine will provide net annual cash flows of $31.900. Management also believes that the new bottling machine will save the company money because it is expected to be more reliable than other machines, and thus will reduce downtime. Assume a discount rate of 9%. Click here to view the factor table. Calculate the net present value. (If the net present value is negative, use either a negative sign preceding the number eg-45 or parentheses eg (45). For calculation purposes, use 5 decimal places as displayed in the factor table provided. Round present value answer to 0 decimal places, eg 125) Net present value $ How much would the reduction in downtime have to be worth in order for the project to be acceptable? (Round answer to O decimal places, eg. 125.) $ Save for Later Attempts: 0 of 1 used Submit Answer
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