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Question 23 (0.15 points) Easy Appliance Inc. is considering a new inventory system that will cost $50,000 (Initial Outlay). The system is expected to generate
Question 23 (0.15 points) Easy Appliance Inc. is considering a new inventory system that will cost $50,000 (Initial Outlay). The system is expected to generate positive cash flows of $22,000 per year for the next three years. Easy Appliances' required rate of return is 8%. What is the net present value of this project? A) $55,682 B) $56,694 C) $6,694 D) $5,682
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