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Required information [The following information applies to the questions displayed below.) Falcon Crest Aces (FCA), Inc. is considering the purchase of a small plane to

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Required information [The following information applies to the questions displayed below.) Falcon Crest Aces (FCA), Inc. is considering the purchase of a small plane to use in its wing-walking demonstrations and aerial tour business. Various information about the proposed investment follows: Initial investment $ 170,000 Useful life $ 10 years Salvage value 20,000 Annual net income generated $ 4,000 FCA'S cost of capital 84 Assume straight line depreciation method is used. 3. Help FCA evaluate this project by calculating each of the following: Net present value (NPV). (Future Value of $1. Present Value of $1. Future Value Annuity of $1. Present Value Annuity of $1.) (Use appropriate factor(s) from the tables provided. Do not round Intermediate calculations. Negative amount should be indicated by a minus sign. Round the final answer to nearest whole dollar) Net Present Value Required information [The following information applies to the questions displayed below) Falcon Crest Aces (FCA), Inc., is considering the purchase of a small plane to use in its wing-walking demonstrations and aerial tour business. Various information about the proposed investment follows: Initial investment $ 170,000 Useful life 10 years Salvage value 20,000 Annual net income generated $4,000 FCA'S cost of capital BS Assume straight line depreciation method is used. 4. Help FCA evaluate this project by calculating each of the following: Recalculate FCA'S NPV assuming the cost of capital is 3 percent. (Future Value of $1. Present Value of $1. Future Value Annulty of S1. Present Value Annuity of $1.) (Use appropriate factor(s) from the tables provided. Round your final answer to the nearest whole dollar amount.) Net Present Value

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