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Quail Company is considering buying a food truck that will yield net cash inflows of $10,000 per year for seven years. The truck costs
Quail Company is considering buying a food truck that will yield net cash inflows of $10,000 per year for seven years. The truck costs $50,000 and has an estimated $6,000 salvage value at the end of the seventh year. (PV of $1. EV of $1. PVA of $1. and FVA of $1) (Use appropriate factor(s) from the tables provided. Round your present value factor to 4 decimals.) What is the net present value of this investment assuming a required 10% return? Years 1-7 Totals Net present value Present Value of Net Cash Flows x PV Factor Net Cash Flows
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