question 2

Pharoah Corp. Is considering purchasing one of two new diagnostic machines. Either machine would make it possible for the company to bid on jobs that it currently isn't equipped to do. Estimates regarding each machine are provided here Click here to view the factor table. Calculate the net present value and profitability index of each machine. Assume 998 discount rate of the net prisent value is negabiv. use either a negative sign preceding the number \& - 45 or porentheses ( 45 . Round arswer for present volue to Odecimal places, eg. 125 and profitability indox to 2 decimal places es. 10.50. For calculation purposis use 5 dicimal places os dliplayed in the foctor toble provided Which machine should be purchased? TABLE 2 Future Value of an Annulty of 1