What is the machines net present value - rayburns required


Rayburn Industries is evaluating the investment of $130,300in a new packing machine that should provide annual cash operating inflows of $27,930for6years. At the end of6years, the packing machine will be sold for $4,890. Rayburn's required rate of return is8%.

What is the machine's net present value? (Round present value factor calculations to 4 decimal places, e.g. 1.2512 and final answer to 0 decimal places e.g. 58,971.)

Solution Preview :

Prepared by a verified Expert
Managerial Accounting: What is the machines net present value - rayburns required
Reference No:- TGS02491737

Now Priced at $10 (50% Discount)

Recommended (95%)

Rated (4.7/5)