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I need the correct answers for Amount and Net present value Saved Help Save & Exit Submi my work mode: This shows what is correct
I need the correct answers for Amount and Net present value
Saved Help Save & Exit Submi my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Return to question Exercise 11-9 Computing net present value LO P3 B2B Co. is considering the purchase of equipment that would allow the company to add a new product to its line. The equipment is expected to cost $369,600 with a 6-year life and no salvage value. It will be depreciated on a straight-line basis. The company expects to sell 147,840 units of the equipment's product each year. The expected annual income related to this equipment follows. $ 231, eee Sales Costs Materials, labor, and overhead (except depreciation on new equipment) Depreciation on new equipment Selling and administrative expenses Total costs and expenses Pretax income Income taxes (30%) Net income 81, eee 61,600 23, 100 165, 700 65,300 19,590 $ 45,719 If at least an 10% return on this investment must be earned, compute the net present value of this investment. (PV of $1. EV of $1. PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.) ENG 1C 79 o search 0 Qucation.com # 11 Ex 11-9 Saved Help Save & Exit Submit Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Return to question 1 Income taxes (30%) Net income 19,590 $ 45,712 If at least an 10% return on this investment must be earned, compute the net present value of this investment. (PV of $1. FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.) 5 Answer is complete but not entirely correct. Chart Values are Based on: n = 6 10% = Amount X Select Chart Present Value of an Annuity of 1 PV Factor 4.3553 Present Value 721,673 Is 165,700 x x = $ Present value of cash inflows Present value of cash outflows Net present value $ 721,673 (369,600) $ (107,519) lo Prev 1 of 1 Next > 46 ENG 10:06 7/30/2 O here to search Step by Step Solution
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