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Return to question Quail Company is considering buying a food truck that will yield net cash inflows of $12,200 per year for seven years.
Return to question Quail Company is considering buying a food truck that will yield net cash inflows of $12,200 per year for seven years. The truck costs $48,000 and has an estimated $6,800 salvage value at the end of the seventh year. (PV of $1. FV of $1. PVA of $1. and EVA of $1) (Use appropriate factor(s) from the tables provided. Enter negative net present values, if any, as negative values. Round your present value factor to 4 decimals.) What is the net present value of this investment assuming a required 10% return? Answer is not complete. Net Cash Flows PV Present Value Factor of Net Cash Flows 0 Years 1-7 Year 7 salvage Totals Initial investment Net present value = 0
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