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Novak Company is proposing to spend $265,000 to purchase a machine that will provide annual cash flows of $49,000 over a 10-year period. The appropriate

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Novak Company is proposing to spend $265,000 to purchase a machine that will provide annual cash flows of $49,000 over a 10-year period. The appropriate present value factor for 10 periods is 5.65022 . Click here to view PV tables. Compute the proposed investment's net present value. (For calculation purposes, use 5 decimal places as displayed in the factor table provided. Round answer to 0 decimal places, e.g. 5,275.) Net present value Indicate whether the investment should be made by Novak Company. Investment be made by Novak Company

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