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Wiison Corporation is considering the purchase of a new plece of equipment. The cost savings from the equlpment would result in an annual increase in
Wiison Corporation is considering the purchase of a new plece of equipment. The cost savings from the equlpment would result in an annual increase in net income of $56,000. The cquipment will have an initial cost of $682,000, an 8 -year useful life, and an estimated salvage value of $154,000, if the compony's cost of capital is 10%, what is the approximate net present vatue? (Future Value of 51, Present Value of s1, Euture Volue Annuity of s1. Presint Volve Annuity of sil Note: Use the appropriate factors from the PV tables. Mutiple Qnoice 5528,000 540.699 Less than zero 5154,000
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