Question: N.I.N. Tack Co. is evaluating a new press that will cost $45,000 and will require an additional $3,000 for employee training. Shipping will cost $1,000

N.I.N. Tack Co. is evaluating a new press that will cost $45,000 and will require an additional $3,000 for employee training. Shipping will cost $1,000 and the setup charges are $500. N.I.N. will trade its existing press for a $5,000 credit toward the purchase price. If the old machine has been completely depreciated, what is the initial cash flow?

$49,500

$48,000

$54,500

$44,500

$46,000

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 Finance Questions!