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Title: Griffith Vehicle has received three proposals for its new vehicle-painting machine. Information on ... Post by: krishna2018 on Jul 3, 2018 Griffith Vehicle has received three proposals for its new vehicle-painting machine. Information on each proposal is as follows:
Proposal XProposal YProposal Z Initial investment in equipment$240,000$150,000$190,000 Working capital needed0010,000 Annual cash saved by operations: Year 180,00050,00080,000 Year 280,00042,000 80,000 Year 380,00046,00080,000 Year 480,00024,00080,000 Salvage value end of year: Year 1100,00080,00060,000 Year 280,00060,00050,000 Year 340,00040,00030,000 Year 410,00020,00015,000 Working capital returned0010,000 Required: Determine each proposal's payback. Title: Griffith Vehicle has received three proposals for its new vehicle-painting machine. Information on ... Post by: Rule612069 on Jul 3, 2018 Content hidden
Title: Griffith Vehicle has received three proposals for its new vehicle-painting machine. Information on ... Post by: krishna2018 on Jul 3, 2018 Just confirmed the same answer from my friend, thanks
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