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The Flint Company is planning to purchase $453,000 of equipment with an estimated 7 -year fife and no estimated salvage value. The company has projected
The Flint Company is planning to purchase $453,000 of equipment with an estimated 7 -year fife and no estimated salvage value. The company has projected the following annual cash flows for the investment: Click here to view the factor table. Calculate the net present vatue of the proposed equipment purchase. Flint uses a 11% discount rate fFor culculation purposes, use A decimal ploces as displayed in the foctor table provided and round final answer to 0 decimal place, es, 58,971.) Net present value
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