Question: Net present value method The following data are accumulated by Waiola Company in evaluating the purchase of $ 1 1 6 , 0 0 0

 Net present value method The following data are accumulated by Waiola
Net present value method
The following data are accumulated by Waiola Company in evaluating the purchase of $116,000 of equipment, having a 4-year useful life:
Present Value of $1 at Compound Interest
a. Assuming that the desired rate of return is 12%, determine the net present value for the proposal. Use the table of the present value of $1 presented above. If
required, round to the nearest dollar. If required, use the minus sign to indicate a negative net present value.
s
Company in evaluating the purchase of $116,000 of equipment, having a 4-year

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