Top Posters
Since Sunday
14
s
5
j
4
s
4
C
3
W
3
a
3
H
3
s
3
a
3
o
3
K
3
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
rafiki121 rafiki121
wrote...
Go to Answer
Posts: 76
Rep: 0 0
A month ago
Braxton Manufacturing is considering the purchase of new computerized equipment. The machine costs $75,000 and would generate $22,000 in annual cost savings over its 5-year life. At the end of 5 years, the equipment would have a $5,000 salvage value. Braxton's required rate of return is 12%. Using the interest tables, the machine's net present value is

▸ $4,305.

▸ $79,306.

▸ $7,143.

▸ $695.
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
Author:
Read 4 times
1 Reply
Replies
Answer verified by a subject expert
anitasaganitasag
wrote...
#1
Posts: 75
Rep: 0 0
A month ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
$7,143.

$22,000 × 3.6048 = $79,306; $79,306  ̶  $75,000 + ($5,000 × 0.5674) = $7,143
1

Related Topics

rafiki121 Author
wrote...

A month ago
This helped my grade so much Perfect
Morgan-C
wrote...

Yesterday
Smart ... Thanks!
larrybrads
wrote...

2 hours ago
this is exactly what I needed
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  327 People Browsing
 344 Signed Up Today
Start New Topic Take the Tour Study Tips Study ToolsNew Topics Trending Browse by Textbook
Related Images
  
 720
  
 3240
  
 139