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fill in blanks please A shoe manufacturer is evaluating new equipment that would custom fit athletic shoes. The new equipment costs $100.000 and will generate
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A shoe manufacturer is evaluating new equipment that would custom fit athletic shoes. The new equipment costs $100.000 and will generate $39,000 in net cash flows for five years. Note: Negetlve eumuletlve cesti flows should be Indlceted with a minus sign. Round break-even tlme answers to two declmel pieces. Determine the break-even time for this equipment Year Iniia} irvestmen Year 1 Year 2 Year 3 Year 4 Year 5 Net Cash How Present x Value of 1 s Present Value of Net Cash Flows s (100,000) 23.537 Cunuiafive Present Value of Net Cash Flows (100.000) (100.000) x ae,ooo 2.000 2@.000 x ze,ooo x 1.0000 0.9021 0.7513 = o.aeo = 0.620@ =
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