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Sheridan Corp is considerirs purchasing one of two new diagnostic machines. Either machine would make it possible for the company to bid on jobs that

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Sheridan Corp is considerirs purchasing one of two new diagnostic machines. Either machine would make it possible for the company to bid on jobs that it currenthy Isnt equipped to do. Estimates regarding each machine are provided here. Cick here to view the factor table Calculate the net present yalue and profitability index of each machine. Assume a 9% discount rate. (If the net present volue is negotive, use either a negative sign preceding the number eg45 or parentheses eg (45). Round answer for present value to 0 decimal ploces, ex. 125 and profitability index to 2 decimal places, es. 10.50. For calculation purposes, use 5 decimal places es displered in the focter table provided.)

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