Check my work ueprec ???1on on new equipmen Selling and administrative expenses

Question

Check my work ueprec ???1on on new equipmen Selling and administrative expenses Total costs and expenses Pretax income Income taxes (30%) Net income 23,400 142,840 91,160 27,348 $ 63,812 1.66 points If at least an 9% return on this investment must be earned, compute the net present value of this investment. (PVof $1, FV of $1, PVA of $1 and FVA of $1) (Use appropriate factor(s) from the tables provided.) eBook Hint Print Chart Values are Based on: Select Chart Amount X PV Factor Present Value Net present value

Explanation / Answer

Calculate net present value :

Chart values are based on n= 10 i= 9% Select chart Amount * PV factor = Present value Present value of cash inflow 101252 * 6.418 = 649835 Initial investment 374400 * 1 = -374400 Net present value 275435

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