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The management of HMB company has finally determined that the company should begin evaluating proposals on new print/copy machines that will allow them to accept

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The management of HMB company has finally determined that the company should begin evaluating proposals on new print/copy machines that will allow them to accept bids on jobs that the company has not been able to consider in the past. Two proposals for a machine are currently on the table. Estimates for each machine are as follows: Original cost Estimated life Salvage value Estimated annual cash inflows Estimated annual cash outflows $88,000 $200,000 8 years $12,000 8 years $5,000 $22,000 $6,000 $50,000 $18,000 REQUIRED MUST SHOW ALL COMPUTATIONS TO RECEIVE CREDIT Based on the net present value method and the profitability index, which machine should be purchased? Assume a 10% discount rate. Discuss. Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save All Answers Save ul Steve HWill Jonah Aliyah Jen Laura

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