Copr. Goedl Gypsy Weaving Inc. is considering a new weaving machine. The Dura Weaver model costs $90,000.
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Question:
Copr. Goedl Gypsy Weaving Inc. is considering a new weaving machine. The Dura Weaver model costs $90,000. Data for the new weaving machine is provided below. Annual revenue Annual cash operating expenses Annual depreciation expense Salvage value at the end of useful life Useful life Required rate of return on investments $29,000 $11,000 $3,250 $3,000 8 years 12% The net present value of cash inflows from the new weaving machine is (use the present value tables included in the practice video problem handout to solve this question) $89,424 $18,000 $144,072 $7,272
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