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i just need the answer for NPV (scrap alternative). please double check your answer before submitting, thanks. eBook Calculator Net Present Value and Competing Alternatives

i just need the answer for NPV (scrap alternative). please double check your answer before submitting, thanks. image text in transcribed
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eBook Calculator Net Present Value and Competing Alternatives Follow the format shown in Exhibit 128-1 and Exhibit 128-2 as you complete the requirements below. Stillwater Designs has been rebuilding Model 100, Model 120, and Model 150 Kicker subwoofers that were returned for warranty action. Customers returning the subwoofers receive a new replacement. The warranty returns are then rebuilt and resold (as seconds). Tent sales are often used to sell the rebuilt speakers. As part of the rebuilding process, the speakers are demagnetized so that metal pieces and shavings can be removed. A demagnetizing (demag) machine is used to achieve this objective. A product design change has made the most recent Model 150 speakers too tall for the demag machine. They no longer fit in the demag machine. Stillwater Designs is currently considering two alternatives. First, a new demag machine can be bought that has a different design, eliminating the fit problem. The cost of this machine is $600,000, and it will last 5 years. Second, Stillwater can keep the current machine and sell the 150 speakers for scrap, using the old demag machine for the Model 100 and 120 speakers only. A rebuilt speaker sells for $295 and costs $274.65 to rebuild (for materials, labor, and overhead cash outlays). The $274.65 outlay includes the annual operating cash effects of the new demag machine. If not rebuilt the Model 150 speakers can be sold for $4 each as scrap. There are 10,000 Model 150 warranty returns per year. Assume that the required rate of return is 10%. Required: 1. Determine which alternative is the best for Stillwater Designs by using NPV analysis. If required, round to the nearest dollar. NPV (rebuild alternative) NPV (scrap alternative) Rebuild alternative 171,426 151,632 X 2. CONCEPTUAL CONNECTION: Determine which alternative is best for Stillwater Designs by using an IRR analysis. Enter as a percent. Round your answers to the nearest whole percent. If IRR is infinite, leave the cell blank. IRR (rebuild alternative) 20 % Check My Work Previous Exhibit 12B.1 Present Value of a Single Amount" ml 1% 2% 5% 6% 7% 8% 9% 10% 12% 14% 16% 18% 20% 25% 30% 1 0.99010 0.98039 0.97087 0.96154 0.95238 0.94340 0.93458 0.92593 0.91743 0.90909 0.89286 0.87719 0.86207 0.84746 0.83333 0.80000 0.76923 2 0.98030 0.96117 0.94260 0.92456 0.90703 0.89000 0.87344 0.85734 0.84168 0.82645 0.79719 0.76947 0.74316 0.71818 0.69444 0.64000 0.59172 3 0.97059 0.94232 0.91514 0.88900 0.86384 0.83962 0.81630 0.79383 0.77218 0.75131 0.71178 0.67497 0.64066 0.60863 0.57870 0.51 200 0.45517 4 0.96098 0.92385 0.88849 0.85480 0.82270 0.79209 0.76290 0.73503 0.70843 0.68301 0.63552 0.59208 0.55229 0.51579 0.48225 0.40960 0.35013 5 0.95147 0.90573 0.86261 0.82193 0.78353 0.74726 0.71299 0.68058 0.64993 0.62092 0.56743 0.51937 0.47611 0.43711 0.40188 0.32768 0.26933 6 0.94205 0.88797 0.83748 0.79031 0.74622 0.70496 0.66634 0.63017 0.59627 0.56447 0.50663 0.45559 0.41044 0.37043 0.33490 0.26214 0.20718 7 0.93272 0.87056 0.81309 0.75992 0.71068 0.66506 0.62275 0.58349 0.54703 0.51316 0.45235 0.39964 0.35383 0.31393 0.27908 0.20972 0.15937 8 0.92348 0.85349 0.78941 0.73069 0.67684 0.62741 0.58201 0.54027 0.50187 0.46651 0.40388 0.35056 0.30503 0.26604 0.23257 0.16777 0.12259 9 0.91434 0.83676 0.76642 0.70259 0.64461 0.59190 0.54393 0.50025 0.46043 0.42410 0.36061 0.30751 0.26295 0.22546 0.19381 0.13422 0.09430 10 0.90529 0.82035 0.74409 0.67556 0.61391 0.55839 0.50835 0.46319 0.42241 0.38554 0.32197 0.26974 0.22668 0.19106 0.16151 0.10737 0,07254 11 0.89632 0.80426 0.72242 0.64958 0.58468 0.52679 0.47509 0.42888 0.38753 0.35049 0.28748 0.23662 0.19542 0.16192 0.13459 0.08590 0.05580 12 0.88745 0.78849 0.70138 0.62460 0.55684 0.49697 0.44401 0.39711 0.35553 0.31863 0.25668 0.20756 0.16846 0.13722 0.11216 0.06872 0.04292 13 0.87866 0.77303 0.68095 0.60057 0.53032 0.46884 0.41496 0.36770 0.32618 0.28966 0.22917 0.18207 0.14523 0.11629 0.09346 0.05498 0.03302 14 0.86996 0.75788 0.66112 0.57748 0.50507 0.44230 0.38782 0.34046 0.29925 0.26333 0.20462 0.15971 0.12520 0.09855 0.07789 0.04398 0.02540 15 0.86135 0.74301 0.64186 0.55526 0.48102 0.41727 0.36245 0.31524 0.27454 0.23939 0.18270 0.14010 0.10793 0.08352 0.06491 0.03518 0.01954 16 0.85282 0.72845 0.62317 0.53391 0.45811 0.39365 0.33873 0.29189 0.25187 0.21763 0.16312 0.12289 0.09304 0.07078 0.05409 0.02815 0.01503 17 0.84438 0.71416 0.60502 0.51337 0.43630 0.37136 0.31657 0.27027 0.23107 0.19784 0.14564 0.10780 0.08021 0.05998 0.04507 0.02252 0.01156 18 0.83602 0.70016 0.58739 0.49363 0.41552 0.35034 0.29586 0.25025 0.21199 0.17986 0.13004 0.09456 0.06914 0.05083 0.03756 0.01801 0.00889 19 0.82774 0.68643 0.57029 0.47464 0.39573 0.33051 0.27651 0.23171 0.19449 0.16351 0.11611 0.08295 0.05139 0.04308 0.03130 0.01441 0.00684 20 0.81954 0.67297 0.55368 0.45639 0.37689 0.31180 0.25842 0.21455 0.17843 0.14864 0.10367 0.07276 0.05139 0.03651 0.02608 0.01153 0.00526 21 0.81143 0.65978 0.53755 0.43883 0.35894 0.29416 0.24151 0.19866 0.16370 0.13513 0.09256 0.06383 0.04430 0.03094 0.02174 0.00922 0.00405 22 0.80340 0.64684 0.52189 0.42196 0.34185 0.27751 0.22571 0.18394 0.15018 0.12285 0.08264 0.05599 0.03819 0.02622 0.01811 0.00738 0.00311 23 0.79544 0.63416 0.50669 0.40573 0.32557 0.26180 0.21095 0.17032 0.13778 0.11168 0.07379 0.04911 0.03292 0.02222 0.01 509 0.00590 0.00239 24 0.78757 0.62172 0.49193 0.39012 0.31007 0.24698 0.19715 0.15770 0.12640 0.10153 0.06588 0.04308 0.02838 0.01883 0.01258 0.00472 0.00184 25 0.77977 0.60953 0.47761 0.37512 0.29530 0.23300 0.18425 0.14602 0.11597 0.09230 0.05882 0.03779 0.02447 0.01596 0.01048 0.00378 0.00142 26 0.77205 0.59758 0.46369 0.36069 0.28124 0.21981 0.17220 0.13520 0.10639 0.08391 0.05252 0.03315 0.02109 0.01352 0.00874 0.00302 0.00109 27 0.76440 0.58586 0.45019 0.34682 0.26785 0.20737 0.16093 0.12519 0.09761 0.07628 0.04689 0.02908 0.01818 0.01146 0.00728 0.00242 0.00084 28 0.75684 0.57437 0.43708 0.33348 0.25509 0.19563 0.15040 0.11591 0.08955 0.06934 0.04187 0.02551 0.01567 0.00971 0.00607 0.00193 0.00065 29 0.74934 0.56311 0.42435 0.32065 0.24205 0.18456 0.14056 0.10733 0.08215 0.06304 0.03738 0.02237 0.01351 0.00823 0.00506 0.00155 0.00050 B0074192 0.55207 0.41199 0.30832 0.23138 0.17411 0.13117 0.09938 0.07537 0.05231 0.03318 0.01963 0.01165 0.00697 0.00421 0.00124 0.00038 P. A (1+ Exhibit 120.2 Present Value of an Annuity n/ 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 12% 14% 16% 18% 20% 25% 30% 1 0.99010 0.98039 0.97087 0.96154 0.95238 0.94340 0.93458 0.92593 0.91743 0.90909 0.89286 0.87719 0.86207 0.84746 0.83333 0.80000 0.76923 2 1.97040 1.94156 1.91347 1.88609 1.85941 1.83339 1.80802 1.78326 1.75911 1.73554 1.69005 1.64666 1.60523 1.56564 1.52778 1.44000 1.36095 3 2.04000288388 2.82861 2.77509 272325 2.67301 2.62432 2.57710 2.53129 2.48685 2.40183 2.32163 2.24589 2.17427 2.10648 1.95200 1.81611 4 3.90197 3.80773 3.71710 3.62990 3.54595 3.46511 3.38721 3.31213 3.23972 3.16987 3.03735 2.91371 2.79818 2.69006 2.58873 2.36160 2.16624 5 4.85343 4.71346 4.57971 4.45182 4.32948 421236 4.10020 3.99271 3.88965 3.79079 3.60478 3.43308 3.27429 2.12717 2.99061 2.68928 2.43557 6 579548 5.60143 5.41719 3.24214 5.07569 491732 4.76654 4.62288 4.48592 4.35526 4.11141 1.88862 1.68474 3.49760 3.32551 2.95142 2.64275 7 672819 6.47199 6.23028 6.00205 5.78637 8.58238 5.38929 5.20637 5.03295 4.86842 4.56376 428830 4.03857 3.81153 3.60459 3.16114 2.80211 8 765168 7.32548 7,01969 6.73274 6.46321 6 20979 5.97130 574664 5.53482 5.33493 4.96764 463886 4.34359 4.07757 3.83716 3.32891 2.92470 9 8.56602 8.16224 7.78611 7.43533 7.10782 6.80169 6.51523 6 24689 5.99525 5.759025.32825 4.94637 4.60654 4.30302 4.03097 3.46313 3.01900 109.47130 8.98259 8.53020 8.11090 7.72173 7.36000 7.02358 671008 6,417666.14452 5.65022 5.21612 4.83323 449409 419247 3.57050 3.09154 11 10.36763 9.78685 925262 8.76048 8.30641 7.58687 749867 7.13896 6.805196.49506 5.93770545273 5.02864 4.65601 4.32706 3.65640 3.14734 12 11.25508 10.57534 9.95400 9.38507 8.86325 8.38384 7.94269 7.53608 7.160736.81369 6.19437 5.66029 5.19711 4.79322 443922 3.72512 3.19026 13 12.13374 11.34837 10.63496 9.98565 9.39357 8.85268 8.35765 7.90378 7.486907.10336 6.42355 5.84236 5.34233 4.90951 4.53268 3.78010 3.22328 14 13.00370 12.10625 11.29607 10.56312 9.89864 9.29498 8.74547 8.24424 7.78615 7.36669 6.62817 6.00207 5.46753 5.00806 4.61057 3.82408 3.24867 15 13.86505 12.84926 11.93794 11.11839 10.37966 9.71225 9.10791 8.55948 8.06069 7.60608 6.81086 6.14217 5.57546 5.09158 4.67547 3.85926 3.26821 16 14.71787 13.57771 12.56110 11.65230 10.83777 10.10590 9.44665 8.85137 8.31256 7.82371 6.97399 6.26506 5.66850 5.16235 4.72956 3.88741 3.28324 17 15.562251429187 13.16612 12.16567 11.27407 10.47726 9.76322 9.12164 8.54363 8.02155 7.11963 6.37286 5.74870 5.22233 4.77463 3.90993 3.29480 18 16.39827 14.99203 13.75351 12.65930 11.68959 10.82760 10.05909 9.37189 8.755638.20141 7.24967 6.46742 5.81785 5.27316 4.81219 3.92794 3.30369 19 17.22601 15.67846 14.32380 13.13394 12.08532 11.15812 10.33560 9.60360 8.95011 8.36492 7.36578 6.55037 5.87746 5.31624 4.84350 3.94235 3.31053 20 18.04555 16.35143 14.87747 13.59033 12.46221 1146992 10.59401 9.81815 9.12855 8.51356 746944 6.62313 5.92884 5.35275 4.86958 3.95388 3.31579 21 18.85698 17.01121 15.41502 14.02916 12.82115 11.76408 10.83553 10.01680 9.29224 8.64869 7.56200 6.6869 5.97314 5.38368 4.89132 3.96311 3.31984 22 19.66038 17.65805 15.93692 14.45112 13.16300 12.04158 11.06124 10.20074 9.44243 8.77154 7.64465 6.74294 6.01133 5.40990 4.9094 297049 3.32296 23 20.45582 18.29220 16.44361 14.85684 13.48857 12.30338 11.27219 10.37106 0.580218.88322 7.71843 6.79206 6.04425 5.43212 4.92453 3.97639 2.32535 24 21.24830 18.91393 1693554 15 24696 13.79864 12.55036 11 46033 10.52876 9.70661 8.98474 77812 6.81514 6,07263 5.45095 4.93710 2,98111 3.32719 25 22.02316 19.52346 1741315 15.62208 14.09394 1278336 11.65358 10.67478 9.82258 9.07704 7.84314 6.67293 6.09709 5.46691 4.94759 3.98489 3.32861 26 22.79520 20.12104 17.87684 15.98277 14.37519 13.00317 11.82578 10.80998 9.92897 9.16095 7.89566 6.90608 6.11818 5.48043 495632 3.98791 3.32970 27 23.55961 20.70690 18.32703 16.32959 14.643031321053 11.08671 10.03516 10.02658 9.23722 7.94255 6.93515 6.13636 5.49189 4.96360 3.99013 3.33054 28 24.11644 21.28127 18.76411 16.66306 14.89813 13.40616 12.1371111.05108 10.11613 9.30657 7.98442 6.96066 6.15204 5.50160 4.96967 3.99226 3.33118 29 25,06579 21.84438 10.18845 16.98371 15.14107 1.5907212.27767 11.15841 10.19828 0.36061 3.021816,08104 6.16555 5.50983 4.97472 3.00381 3.33168 10 25.80771 22.10646 10.60044 17.29203 15.17245 13.76483 12 40904 11.25778 10.27365 0.42601 ROSSIB 7.00266 6.17720 5.51681 4,97894 3.99505 1.131206 *.

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