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View Policies Current Attempt in Progress The Management of Wildhorse Manufacturing Company is evaluating two forklift systems to use in its plant that produces the
View Policies Current Attempt in Progress The Management of Wildhorse Manufacturing Company is evaluating two forklift systems to use in its plant that produces the towers for a windmill power farm. The costs and the cash flows from these systems are shown below. The company uses a 10 percent discount rate for all projects. Otis Forklifts Craigmore Forklifts Year 0 $-3,125,450 $-4,148,410 Year 1 $968,225 $856,236 Year 2 $1,349,886 $1,784,225 Year 3 $2,127,497 $2,868,110 Calculate net present value (NPV). (Enter negative amounts using negative sign e.g. -45.25. Do not round Discount factors. Round other intermediate calculations and final answers to 0 decimal places, e.g. 1,525.) NPV Otis forklift $ Craigmore Forklifts $ Determine which forklift system should be purchased. forklift system should be purchased
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