Question
Rox Ltd wants to purchase a machine costing 35,000 with a residual value of 13,000. The company uses an 8% discount rate. The following cashflows
Rox Ltd wants to purchase a machine costing 35,000 with a residual value of 13,000. The company uses an 8% discount rate. The following cashflows are expected:
Year 1: 18,000
Year 2: 23,000
Year 3: 22,000
Calculate the:
- Payback Period and
- the Net Present Value
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Financial Holding Company Audit Compliance And Risk Management
Authors: Anthony Ludovic Assassa
1st Edition
6206122727, 978-6206122722
