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Business, 26.07.2019 13:20 medellincolombia99

33. riveros, inc., is considering the purchase of a machine that would cost $120,000 and would last for 8 years. at the end of 8 years, the machine would have a salvage value of $29,000. the machine would reduce labor and other costs by $25,000 per year. additional working capital of $9,000 would be needed immediately. all of this working capital would be recovered at the end of the life of the machine. the company requires a minimum pretax return of 18% on all investment projects. the net present value of the proposed project is closest to: a. ($18,050) b. ($63,683) c. ($10,336) d. ($16,942)

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33. riveros, inc., is considering the purchase of a machine that would cost $120,000 and would last...
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