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Net present value method The following data are accumulated by Geddes Company in evaluating the purchase of $150,000 of equipment, having a four-year useful life:

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Net present value method The following data are accumulated by Geddes Company in evaluating the purchase of $150,000 of equipment, having a four-year useful life: This information has been coliected in the Microsoft Excel Online fle. Open the spreadsheet, perform the required analysis, and input your answers in the questions below Open spreadsheet a. Assuming that the desired rate of return is 10%, determine the net present value for the proposal, If required, round to the nearest dollar: Net present value 1X b. Would management be likely to look wath fovor on the proposal? , the net present value indicates that the return on the proposal is than the minimum desired rate of return of 10%

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