Rayburn industries is evaluating the investment of 144900, Ask an Expert

Accounting

Rayburn Industries is evaluating the investment of $144,900 in a new packing machine that should provide annual cash operating inflows of $31,060 for 6 years. At the end of 6 years, the packing machine will be sold for $4,850. Rayburn’s required rate of return is 8%.

What is the machine’s net present value?

Please explain how you calculate the present value

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91970651

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