Question: AA ezto.mheducation.com 8: Quiz i Saved Help Save & Exit The management of Penfold Corporation is considering the purchase of a machine that would cost

 AA ezto.mheducation.com 8: Quiz i Saved Help Save & Exit The

AA ezto.mheducation.com 8: Quiz i Saved Help Save & Exit The management of Penfold Corporation is considering the purchase of a machine that would cost $320,000, would last for 5 years, and a would have no salvage value. The machine would reduce labor and other costs by $75,000 per year. The company requires a minimum pretax return of 12% on all investment projects. Click here to view Exhibit 13B-1 and Exhibit 138-2 to determine the appropriate discount factor(s) using the tables provided. The net present value of the proposed project is closest to (Ignore income taxes.): (Round your intermediate calculations and final answer to the nearest whole dollar amount.) eBook Multiple Choice O $(49,625) O $(9,625) O $(72,305 ) O $(26,945 ) Graw a 4 O Q W F R O P 4 S D

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