Caspian Sea Drinks is considering buying the J-Mix 2000. It will allow them to make and...
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Caspian Sea Drinks is considering buying the J-Mix 2000. It will allow them to make and sell more product. The machine cost $1.53 million and create incremental cash flows of $566,559.00 each year for the next five years. The cost of capital is 9.99%. What is the profitability index for the J-Mix 2000? Submit Answer format: Number: Round to: 3 decimal places. Caspian Sea Drinks is considering buying the J-Mix 2000. It will allow them to make and sell more product. The machine cost $1.53 million and create incremental cash flows of $566,559.00 each year for the next five years. The cost of capital is 9.99%. What is the profitability index for the J-Mix 2000? Submit Answer format: Number: Round to: 3 decimal places.
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Answer rating: 100% (QA)
Outflow from buying the machine 153 million Inflow from machine will be 566559 per yea... View the full answer
Related Book For
Financial Analysis with Microsoft Excel
ISBN: 978-1111826246
6th edition
Authors: Timothy R. Mayes, Todd M. Shank
Posted Date:
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