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Question 12 of 15 < > View Policies -/10 Current Attempt in Progress Martinez Company is proposing to spend $245,000 to purchase a machine
Question 12 of 15 < > View Policies -/10 Current Attempt in Progress Martinez Company is proposing to spend $245,000 to purchase a machine that will provide annual cash flows of $47,000 over a 10- year period. The appropriate present value factor for 10 periods is 5.65022. Click here to view PV tables. Compute the proposed investment's net present value. (For calculation purposes, use 5 decimal places as displayed in the factor table provided. Round answer to O decimal places, e.g. 5,275.) Net present value $ Indicate whether the investment should be made by Martinez Company. Investment be made by Martinez Company.
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