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Home Q & A Board Other Fields Homework Help Business Accounting
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shahabkhon shahabkhon
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A year ago

Whitton Corporation uses a discount rate of 16%. The company has an opportunity to buy a machine now for $18,000 that will yield cash inflows of $10,000 per year for each of the next three years. The machine would have no salvage value. The net present value of this machine is closest to (Ignore income taxes.):

Click here to view Exhibit 12B-1 and Exhibit 12B-2, to determine the appropriate discount factor(s) using the tables provided.



▸ $22,460

▸ $4,460

▸ $(9,980)

▸ $12,000
Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
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maoginmaogin
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A year ago
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shahabkhon Author
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A year ago
Thank you, thank you, thank you!
sadiewolf
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Yesterday
Thanks for your help!!
Shassta22
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2 hours ago
Helped a lot
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