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please help! if you know how to solve please! sters 9 - 12 (MUST TAKE IT ON TIME - DUE SATURDAY, DECEMBER 12, 2020) Question
please help! if you know how to solve please!
sters 9 - 12 (MUST TAKE IT ON TIME - DUE SATURDAY, DECEMBER 12, 2020) Question 14 of 15 -/7 View Policies Current Attempt in Progress Caine Bottling Corporation is considering the purchase of a new bottling machine. The machine would cost $228,200 and has an estimated useful life of 8 years with zero salvage value. Management estimates that the new bottling machine will provide net annual cash flows of 33,500. Management also believes that the new bottling machine will save the company money because it is expected to be more reliable than other machines, and thus will reduce downtime. Assume a discount rate of 5%. Click here to view PV table Calculate the net present value. (If the net present value is negative, use either a negative sign preceding the number eg -45 or parentheses 145). For calculation purposes, use 5 decimal places as displayed in the factor table provided. Round present value answer to O decimal ploces eg. 125) Net present value $ How much would the reduction in downtime have to be worth in order for the project to be acceptable? (Round answer to O decimal places, eg. 125.) $ eTextbook and Media Save for Later Attempts:0 of 1 used Submit Answer PHP D
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