Question: I need help with this question. Thank you Net Present Value Method The following data are accumulated by Paxton Company in evaluating the purchase of

Net Present Value Method The following data are accumulated by Paxton Company in evaluating the purchase of $150,000 of equipment having a four-year useful life: Present Value of $1 at Compound Interest a. Assuming that the desired rate of return is 15%, determine the net present value for the proposal. (If required, round to the nearest dollar.) Use the table of the present value of $1 presented above. A b. Would management be likely to look with favor on the proposal? The net present value indicates that the retum on the proposal is than the minimum desifed rate of return of 15%
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