Quail Company is considering buying a food truck that will yield net cash inflows of $13,600 per year for seven years. The truck costs $46,000 and has an estimated $6,300 salvage value at the end of the seventh year (PV of $1. EV of $1. PVA of S1, and EVA of $1) Note: Use appropriate factor(s) from the tables provided. Enter negative net present values, if any, as negative values. Round your present value factor to 4 decimals. What is the net present value of this investment assuming a required 10% return? Years 1-7 Totals Net present value Net Cash Flows x PV Factor Present Value of Net Cash Flows
Quail Company is considering buying a food truck that will yield net cash inflows of $13,600 per year for seven years. The truck costs $46,000 and has an estimated $6,300 salvage value at the end of the seventh year (PV of $1. EV of $1. PVA of S1, and EVA of $1) Note: Use appropriate factor(s) from the tables provided. Enter negative net present values, if any, as negative values. Round your present value factor to 4 decimals. What is the net present value of this investment assuming a required 10% return? Years 1-7 Totals Net present value Net Cash Flows x PV Factor Present Value of Net Cash Flows
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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