Walen Co. has intends to purchase a new forklift for $91,000.00 cash. It expects annual net...

 

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Walen Co. has intends to purchase a new forklift for $91,000.00 cash. It expects annual net operating cash flows of $15,300 per year for 8 years, and a salvage value at the end of 8 years of $9,300. Walen uses a 8% discount rate. What is the net present value of the investment? (For calculation purposes, use five decimal places as displayed in the factor table provided. Round your answer to two decimal places (e.g., 52.75).) Click here to view the factor table. Net present value of investment $ Walen Co. has intends to purchase a new forklift for $91,000.00 cash. It expects annual net operating cash flows of $15,300 per year for 8 years, and a salvage value at the end of 8 years of $9,300. Walen uses a 8% discount rate. What is the net present value of the investment? (For calculation purposes, use five decimal places as displayed in the factor table provided. Round your answer to two decimal places (e.g., 52.75).) Click here to view the factor table. Net present value of investment $

Answer rating: 100% (QA)

To calculate the net present value NPV of the investment we need to discount the future cash flows t... View the full answer