Question
Primera Banco is evaluating two capital investment proposals for a drive-up ATM kiosk, each requiring an investment of $176,000 and each with an eight-year life
Primera Banco is evaluating two capital investment proposals for a drive-up ATM kiosk, each requiring an investment of $176,000 and each with an eight-year life and expected total net cash flows of $352,000. Location 1 is expected to provide equal annual net cash flows of $44,000, and Location 2 is expected to have the following unequal annual net cash flows:
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The Internal Auditing Handbook
Authors: K. H. Spencer Pickett
2nd Edition
0470848634, 978-0470848630
