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O’Hara Co. is interested in acquiring a new machine that costs $92,000. The machine will last 6 years and provide a cost savings of $23,000 a year. The salvage value of the machine is $10,000. The required rate of return is 12%.

Compute the project’s net present value.

Financial Accounting, Accounting

  • Category:- Financial Accounting
  • Reference No.:- M92050020

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