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! Required Information Use the following information for the Quick Study below. The following information applies to the questions displayed below.) Peng Company is considering

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! Required Information Use the following information for the Quick Study below. The following information applies to the questions displayed below.) Peng Company is considering an investment expected to generate an average net income after taxes of $3,400 for three years. The investment costs $53,100 and has an estimated $7,800 salvage value QS 24-8 Net present value LO P3 Assume Peng requires a 5% return on its investments Compute the net present value of this investment. Assume the company uses straight-line depreciation (py of $1. EVO 51. PVA of S1, and EVA of S1) (Use appropriate factor(s) from the tables provided. Negative amounts should be indicated by a minus sign. Round your present value factor to 4 decimals.) Present Value Amount PV Factor Select Chart Cash Flow Annual cash flow Residual value Net present value 24-8 Net present value LO P3 mume Peng requires a 5% return on its Investments. Compute the net present value of this investment. Assume the aght-line depreciation (PV of $1. FV 0f $1. PVA of S1, and FVA of $1) (Use appropriate factor(s) from the tables prov Sunts should be indicated by a minus sign. Round your present value factor to 4 decimals.) sh Flow Select Chart Amount mual cash flow PV Factor Present Value sidual value Present Value of 1 Future Value of 1 Present Value of an Annuity of 1 Future Value of an Annuity of 1 QS 24-8 Net present value LO P3 Assume Peng requires a 5% return on its investments. Compute the net present value of this investment. Assume the company uses straight-line depreciation (PV of $1. FV of S1, PVA of S1, and PVA of 3.1) (Use appropriate factor(s) from the tables provided. Negatiu amounts should be indicated by a minus sign. Round your present value factor to 4 decimals.) Select Chart Cash Flow Annual cash flow Residual value Amount X PV Factor Present Value Immediate cash outflows Net present value Present value of cash inflows

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