Easy Appliances Inc. is considering a new inventory system that will cost $100,000. The system is expected to generate positive cash flows over the next four years in the amounts of $30,000 in year one, $35,000 in year two, $45,000 in year three, and $25,000 in year four. Easy Appliances required rate of return is 10%. What is the net present value of this project to the nearest ten dollars? a. $7,080 b. $10,930 c. $23,090 d. $ 9,460
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Easy Appliances Inc. is considering a new inventory system that will cost $100,000. The system is ex...
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