Venu Industries is deciding whether to automate one phase of its production process. The manufacturing equipment has a six-year life and will cost $915,000.

Projected net cash inflows are as follows:

Venu Indusiries is deciding whether to automate one phase of its preduction process. The manufacturing equipment has a six-ycar life and will cost $915,000. Prejected net cash inflows are as; follows: (Click the icon to vew the projected net cash intlows ) (Click the icon to view Present Value of $1 table.) (Click the icon to view Present Value of Ordinary Annuity of \$1 table.) Read the Requirement 1. Compute this project's NPV using Venu's 16% hurdle rate. Snould Venu invest in the equipment? Use the tollowng table to calculate the net present value of the project (t-nter any tactor amounts to three decimal places, X.xX. Use parentheses or a minus sygn tor a negative net present value.) Reference 5,000. Prejectod net cash inflows are as follows: Venu Industrica is deciding whether to automate one phase of its production ; (Cick the icon to view the projected net cash intlows ) Reference (Click the icon to view Present Value of $1 table.) (Click the icon Reed the Requirement 1. Compute this project's NPV using Venu's 16% hurdle rate. S Use the tollowing table to calculate the net present value of the project it ite in