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please help!! The management of Penfold Corporation is considering the purchase of a machine that would cost $350,000, would last for 5 years, and would
please help!!
The management of Penfold Corporation is considering the purchase of a machine that would cost $350,000, would last for 5 years, and would have no salvage value. The machine would reduce labor and other costs by $82,000 per year. The company requires a minimum pretax return of 12% on all investment projects Click here to view Exhibt.128.1 and Exhibit: 128-2. to determine the appropriate discount factors) using the tables provided The net present value of the proposed project is closest to (ignore income taxes): (Round your intermediate calculations and final answer to the nearest whole dollar amount.) Multiple Choice $154,390) 3134.390) $165,730 $143.050) Step by Step Solution
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