What is the approximate net present value of this investment, Accounting Basics

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What is the approximate net present value of this investment

Cleaners, Inc. is considering purchasing equipment costing $30,000 with a 6-year useful life. The equipment will provide cost savings of $7,300 and will be depreciated straight-line over its useful life with no salvage value. Cleaners, Inc. requires a 10% rate of return. What is the approximate net present value of this investment?

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Accounting Basics: What is the approximate net present value of this investment

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: What is the approximate net present value of this investment

Reference No:- TGS079363

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : Prepare the partners'' capital statement for the year

Q : What are the expected sales values of production

Q : Treasury and corporate bonds

Q : Calculate projected benefit obligation

Q : What is the approximate net present value of this investment

Q : What amount should welz company pay

Q : Record the collection from the 2011 tax levies

Q : Calculate the cost of goods sold using the fifo

Q : Compute dow''s earnings per share for the year

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: What is the approximate net present value of this investment

Reference No:- TGS079363

Recent Questions Asked Accounting Basics

Q : Prepare the partners'' capital statement for the year

Q : What are the expected sales values of production

Q : Treasury and corporate bonds

Q : Calculate projected benefit obligation

Q : What is the approximate net present value of this investment

Q : What amount should welz company pay

Q : Record the collection from the 2011 tax levies

Q : Calculate the cost of goods sold using the fifo

Q : Compute dow''s earnings per share for the year

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