ABC Service can purchase a new assembler for $15,052 that will - 1261

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Price: $1.25
  • From: ,
  • Posted on: Sun 11 Mar, 2012
  • Request id: None
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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.$1,056

C.$6,577

D.$4,568

Solution Description

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