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Question 3 Question 3 of 10 The management of Wyoming Corporation is considering the purchase of a new machine costing $375.000. The company's desired rate

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Question 3 Question 3 of 10 The management of Wyoming Corporation is considering the purchase of a new machine costing $375.000. The company's desired rate of retum is 6 %. The present value factor for an annuity of $1 at interest of 6 % for 5 years is 4.212. In addition to the foregoing information, use the following data in determining the acceptability of this investment points Saved Net Income Net Cash Year Elow $93,750 $18,750 18,750 93,750 18,750 93,750 18,750 93,750 18,750 93,750 The profitability index for this investment is 1.00 0.95 1.25 1,05

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