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Flounder Company is proposing to spend $230,000 to purchase a machine that will provide annual cash flows of $44,000 over a 10 . year period.
Flounder Company is proposing to spend $230,000 to purchase a machine that will provide annual cash flows of $44,000 over a 10 . year period. The appropriate present value factor for 10 periods is 5.65022. Click here to view PVtables Compute the proposed investment's net present value. (For colculation purposes, use 5 decimal ploces as displayed in the factor table provided. Round answer to O decimal places, es 5,275 J Net present value Indicate whether the imvestment should be made by Flounder Company: Investment be made by Flounder Company
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