The management of River Corporation is considering the purch…
Questions
The mаnаgement оf River Cоrpоrаtion is considering the purchase of a new machine costing $380,000. The company's desired rate of return is 6%. In addition to the foregoing information, use the following data in determining the acceptability of this investment: Year Income from Operations Net Cash Flow 1 $20,000 $95,000 2 20,000 95,000 3 20,000 95,000 4 20,000 95,000 5 20,000 95,000 What is the net present value for this investment?
The mаnаgement оf River Cоrpоrаtion is considering the purchase of a new machine costing $380,000. The company's desired rate of return is 6%. In addition to the foregoing information, use the following data in determining the acceptability of this investment: Year Income from Operations Net Cash Flow 1 $20,000 $95,000 2 20,000 95,000 3 20,000 95,000 4 20,000 95,000 5 20,000 95,000 What is the net present value for this investment?
The mаnаgement оf River Cоrpоrаtion is considering the purchase of a new machine costing $380,000. The company's desired rate of return is 6%. In addition to the foregoing information, use the following data in determining the acceptability of this investment: Year Income from Operations Net Cash Flow 1 $20,000 $95,000 2 20,000 95,000 3 20,000 95,000 4 20,000 95,000 5 20,000 95,000 What is the net present value for this investment?