Question: Flowers For Everyone is considering replacing its existing delivery van with a new one. The new van can offer considerable savings in operating costs. Information
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Flowers For Everyone is considering replacing its existing delivery van with a new one. The new van can offer considerable savings in operating costs. Information about the existing van and the new van follow: Should Flowers For Everyone replace the existing van with the new van? What are the cash flow savings or additional cost over the 10 years? Ignore income taxes and time value of money a. No, cash savings are negative $5,000 b. Yes, cash savings are positive $5,000 c. No, cash savings are negative $15,000 d. Yes, cash savings are positive $15,000 e. None of the options is correct
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