Business, 29.05.2020 17:59 levenmartin6p3znbg
Almendarez Corporation is considering the purchase of a machine that would cost $110,000 and would last for 4 years. At the end of 4 years, the machine would have a salvage value of $16,000. By reducing labor and other operating costs, the machine would provide annual cost savings of $30,000. The company requires a minimum pretax return of 12% on all investment projects. (Ignore income taxes.)
The net present value of the proposed project is closest to .
(Round your intermediate calculations and final answer to the nearest whole dollar amount.)
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Almendarez Corporation is considering the purchase of a machine that would cost $110,000 and would l...
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