Question: Knowledge Check Walen Co. has intends to purchase a new forklift for $89,000.00 cash. It expects annual net operating cash flows of $13,800 per year

Knowledge Check Walen Co. has intends to purchase a new forklift for $89,000.00 cash. It expects annual net operating cash flows of $13,800 per year for 8 years, and a salvage value at the end of 8 years of $8,800. Walen uses a 6% discount rate. What is the net present value of the investment? (For calculation purposes, use five decimal places as displayed in the factor table provided. Round your answer to two decimal places (e.g., 52.75).) Click here to view the factor table. Net present value of investment LA $

Walen Co. has intends to purchase a new forklift for $89,000.00 cash. It expects annual net operating cash flows of $13,800 per year for 8 years, and a salvage value at the end of 8 years of $8,800. Walen uses a 6% discount rate. What is the net present value of the investment? (For calculation purposes, use five decimal places as displayed in the factor table provided. Round your answer to two decimal places (e.3.52.75).) Click here to view the factor table. Net present value of investment

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

For the case of double-circuit, bundle-conductor lines, the same method indicated in Problem 4.27 applies with $r^{\prime}$ replaced by the bundle's GMR in the calculation of the overall GMR. Now...

Knowledge Check Walen Co . has intends to purchase a new forklift for $ 8 5 , 0 0 0 . 0 0 cash. It expects annual net operating cash flows of $ 1 4 , 3 0 0 per year for 8 years, and a salvage value...

Value of Money ) - IT ( Interactive Tutorial ) Question 3 of 5 1 2 Knowledge Check Walen Co . has intends to purchase a new forklift for $ 8 0 , 0 0 0 . 0 0 cash. It expects annual net operating cash...

Knowledge Check Walen Co . has intends to purchase a new forklift for $ 8 9 , 0 0 0 . 0 0 cash. It expects annual net operating cash flows of $ 1 6 , 5 0 0 per year for 8 years, and a salvage value...

Walen Co . has intends to purchase a new forklift for $ 8 6 , 0 0 0 . 0 0 cash. It expects annual net operating cash flows of $ 1 4 , 6 0 0 per year for 8 years, and a salvage value at the end of 8...

Walen Co . has intends to purchase a new forklift for $ 8 1 , 0 0 0 . 0 0 cash. It expects annual net operating cash flows of $ 1 3 , 8 0 0 per year for 8 years, and a salvage value at the end of 8...

i need help solving Walen Co. has intends to purchase a new forklift for $89,000,00 cash. It expects annual net operating cash flows of $13,800 per year for 8 years, and a salvage value at the end of...

Walen Co . has intends to purchase a new forklift for $ 8 8 , 0 0 0 . 0 0 cash. It expects annual net operating cash flows of $ 1 3 , 7 0 0 per year for 8 years, and a salvage value at the end of 8...

a)What are the three important financial decision-making areas that a financial manager in a firm is responsible for? Illustrate each of the areas identified using examples from an organisation that...

Hello, I have assessment.. Step 1 : Calculate the following ratios for the latest five years using the O-S Checklist Approach, an Excel template . For an overview of the approach, read our article,...

I did the first half of this, can I recieve help with the second half of this? This is the beginning of the first part that was not provided. I'm providing it now. INPUT SECTION SALES 4th Quarter...

Steady-state tests have been run on a neutralization tank, where pH is the controlled variable and w is the acid flow rate. The data follow the relationship shown in figure: You are asked to evaluate...

Sarasota Inc., a major retailer of bicycles and accessories, operates several stores and is a publicly traded company. The company is currently preparing its statement of cash flows and follows the...

A carpet company advertises that it will deliver your carpet within 16 days of purchase. A sample of 49 past customers is taken. The average delivery time in the sample was 16.9 days. The standard...

I need some help on some calculus problems. If you are able to help and can solve the problems correctly I will make sure to leave a good review as well as a follow. Thank you for your time! Find the...

3 What is the relationship between the way expatriates are prepared for an assignment and success in an assignment? Are there differences in this between culture-general training and culture-specific...

Moral involvement: positive and intense orientation, with an internalization of organizational goals and values;

In-house training. This is highly developed in Japan and people are considered as a key success factor, with lifetime employment justifying the long-term investment in training. Yet mobility of...