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Required information. A potential investment has a cost of $425,000 and a useful life of 6 years. Annual cash sales from the investment are
Required information. A potential investment has a cost of $425,000 and a useful life of 6 years. Annual cash sales from the investment are expected to be $219,202 and annual cash operating expenses are expected to be $86,352. The expected salvage value at the end of the investment's life is $35,000. The company has a before-tax discount rate of 16%. Required: Calculate the following (Round dollar amounts to the nearest whole dollar and IRR to one decimal place (ie. 055-5.5%) Enter negative amounts with a minus sign.) Annual PMT of the investment FV of the investment NPV of the investment IRR of the investment
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