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Sheridan Corp. is considering purchasing one of two new diagnosticmachines. Either machine would make it possibse for the cocmpary to bid on jobs that it

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Sheridan Corp. is considering purchasing one of two new diagnosticmachines. Either machine would make it possibse for the cocmpary to bid on jobs that it currently isn't equipped to do. Estimates regarding each machine are provided here. Click here to view the factor table. Calculate the net present value and profitability index of each machine. Assume a 9. discount rate .ff the net present value is nickative. use either a negative sign preceding the number eg 45 or parentheses cr (45) Round anwwer for present value to 0 decimal places, es 125 ond profitobility index to 2 decimal places, es. 10.50. For calculation parposes, use 5 decimal places as dlsplayed in the foctor table provided)

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