ABC Service can purchase a new assembler for $15,052 - 2306

Solution Posted by
Solution Detail
Price: $1.25
  • From: ,
  • Posted on: Mon 19 Mar, 2012
  • Request id: None
  • Purchased: 0 time(s)
  • Average Rating: No rating
Request Description

ABC Service can purchase a new assembler for $15,052 that will provide an annual net cash flow of $6,000 per year for five years. Calculate the NPV of the assembler if the required rate of return is 12%. (Round your answer to the nearest $1.)

A.   $7,621

B.   $6,577

C.   $1,056

D.   $4,568

Solution Description

ABC Service can purchase a new assembler for $15,052 that will provide an ann