Evans industries whiches to select the best of three possible machines, each of which is expected to satisfy the firms ongoing need for additional aluminum exclusion capacity. the three machines A B & C are equally risky. the firm plans to use a cost of capital of 11.8% to evaluate each of them. the initial investment and annual cash inflows over the life of each machine or shown in the following table.

need help with a, b, and c.

corner of the data table below in order to copy its contents into a spreadsheet.) Initial investment (CF) Year (t) 1 Machine A Machine B Machine C $91,100 $64,600 $99,500 Cash inflows (CF) $13,000 $9,800 $31,000 13,000 20,200 31,000 13,000 29,800 31,000 13,000 39,400 31,000 13,000 31,000 13,000 2 3 4 5 6 alculate the NPV for each machine over its life. Rank the machines in descending order on th The net present value for machine A is $ (Round to the nearest cent.) 6 13,000 a. Calculate the NPV for each machine over its life. Rank the machines in descending order on the basis of NPV. b. Use the annualized net present value (ANPV) approach to evaluate and rank the machines in descending order on the basis of ANPV. c. Compare and contrast your findings in parts (a) and (b). Which machine would you recommend that the firm acquire? a. The net present value for machine Ais $. (Round to the nearest cent)