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Sheridan Corp, is considering purchasing one of two new diagnostic machines. Either machine would make it possible for the company to bid on jobs that
Sheridan Corp, is considering purchasing one of two new diagnostic machines. Either machine would make it possible for the company to bid on jobs that it currently isn't equipped to do. Estimates regarding each machine are provided here. Chek here to view the factor table: Calculate the net present value and profitablity index of each machine. Assume a 9% discount rate (if the net present value is negative, use either a nesotive sign preceding the number eg 45 or porentheses 6g (45). Round unswer for present vafue to 0 decimal ploces, e. 4.125 and profitability index to 2 decimal places, e.8. 10.50. For colculation purposin, use 5 decimal places as displayed in the factor table prowided
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