Question: Please provide the correct answer, I will upvote the correct answer. Thank you! Use this information for Wyoming Corporation to answer the question that follow.
Please provide the correct answer, I will upvote the correct answer. Thank you!
Use this information for Wyoming Corporation to answer the question that follow. The management of Wyoming Corporation is considering the purchase of a new machine costing $375,000. The company's desired rate of return is 6%. The present value factor for an annuity of $1 at interest of 6% for five years is 4.212. In addition to the foregoing information, use the following data in determining the acceptability of this investment: Net Cash Flow Year 1 2 Income from Operations $18,750 18,750 18,750 18,750 18,750 3 $93,750 93,750 93,750 93,750 93,750 4 5 The net present value for this investment is O a. $19,875 Ob. $(19,875) Oc. $118,145 Od. $(118,145)
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