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portunities | Sunset Senior.. G Grand Rapids Community College | Grand. 24 Quiz Saved Help 4 B2B Company is considering the purchase of equipment that

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portunities | Sunset Senior.. G Grand Rapids Community College | Grand. 24 Quiz Saved Help 4 B2B Company is considering the purchase of equipment that would allow the company to add a new product to its line. The equipment costs $384,000 and has a 6-year life and no salvage value. B2B Company requires at least an 9% return on this investment. The expected annual income for each year from this equipment follows: (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.) oints Sales of new product $ 240, 000 Expenses Hint Materials, labor, and overhead (except depreciation) 84, 000 Depreciation-Equipment 64, 000 Selling, general, and administrative expenses 24, 000 Income $ 68, 000 (a) Compute the net present value of this investment. (b) Should the investment be accepted or rejected on the basis of net present value? Complete this question by entering your answers in the tabs below. Required A Required B

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