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pls help give thumbs up Required information Use the following information for the Quick Study below. The following information applies to the questions displayed below)
pls help give thumbs up
Required information Use the following information for the Quick Study below. The following information applies to the questions displayed below) Peng Company is considering an investment expected to generate an average net income after taxes of $3,000 for three years. The investment costs $58,800 and has an estimated $8,100 salvage value. QS 25-8 Net present value LO P3 Assume Peng requires a 10% return on its investments. Compute the net present value of this investment Assume the company uses straight-line depreciation (PV of $1. FV of $1. PVA of S1, and EVA of Sl) (Use appropriate factor(s) from the tables provided. Negative amounts should be indicated by a minus sign.) Select Chart Cash Flow Annual cash flow Residual value Amount x PV Factor - Present Value $ 0 0 Net present value Step by Step Solution
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