Question: View Policies Current Attempt in Progress Cheyenne Company is proposing to spend $225,000 to purchase a machine that will provide annual cash flows of

View Policies Current Attempt in Progress Cheyenne Company is proposing to spend

View Policies Current Attempt in Progress Cheyenne Company is proposing to spend $225,000 to purchase a machine that will provide annual cash flows of $43,000 over a 10- year period. The appropriate present value factor for 10 periods is 5.65022. Click here to view PV tables. Compute the proposed investment's net present value. (For calculation purposes, use 5 decimal places as displayed in the factor table provided. Round answer to O decimal places, e.g. 5,275.) Net present value $ Indicate whether the investment should be made by Cheyenne Company. Investment be made by Cheyenne Company. Save for Later Attempts: 0 of 1 used Submit Answer

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