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please help ASAP!!! The Management of Crane Manufacturing Company is evaluating two forklift systems to use in its plant that produces the towers for a
please help ASAP!!!
The Management of Crane Manufacturing Company is evaluating two forklift systems to use in its plant that produces the towers for a windmill power farm. The costs and the cash flows from these systems are shown below. The company uses a 12 percent discount rate for all projects Year o Year 1 Year 2 Year 3 Otis Forklifts $-3,107,450 $ 978,225 $1,364,886 $2,119 497 Craigmore Forklifts $-4,124,410 $889.236 $1,783,225 $2,846,110 Calculate net present value (NPV). (Enter negative amounts using negative signe.3. -45.25. Do not round Discount factors. Round other intermediate calculations and final answers to decimal places, es 1.525.) NPV Otis forklift $ Cralemore Forklifts Determine which forklift system should be purchased for litt system should be purchased Step by Step Solution
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