Brianna Garcia is contemplating the purchase of an ice cream vending machine, which would be used to
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Brianna Garcia is contemplating the purchase of an ice cream vending machine, which would be used to sell ice cream to customers for $2 each. The following estimates are available:
Required: Determine the net present value of the ice cream machine purchase.
Transcribed Image Text:
Initial outlay Annual cash inflow Cost of capital Estimated life of the ice cream machine Estimated residual value of the ice cream machine $4,000 $1,200 12% 5 years $0
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Introduction To Management Accounting A User Perspective
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