Required Information Use the following Information for the Quick Study below. (Algo) [The following Information applies to the questions displayed below.] Following is Information on an Investment in a manufacturing machine. The machine has zero salvage value. The company requires a 9% return from its Investments. Initial investment Not cash flows: Year 1 Year 2 Year 3 $ (310,000) 120,000 106,000 83,000 QS 24-19 (Algo) Net present value with unequal cash flows LO P3 Compute this machine's net present value. (PV of $1, FV of $1, PVA of $1, and PVA of $1) (Use appropriate factor(s) from the tables provided. Round all present value factors to 4 decimal places. Round present value amounts to the nearest dollar.) Answer is not complete. Your 1 Year 3 Totals Initial investment Not present value Not Cach Flow Precent Value Faotor Precent Value of Not Cach FlowG S 120,000 0.9174 106,000 0.8416 0 83,000 0.7721 $309,000 5

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Required Information
Use the following Information for the Quick Study below. (Algo)
[The following Information applies to the questions displayed below.]
Following is Information on an Investment in a manufacturing machine. The machine has zero salvage value. The
company requires a 9% return from its Investments.
Initial investment
Not cash flows:
Year 1
Year 2
Year 3
$ (310,000)
120,000
106,000
83,000
QS 24-19 (Algo) Net present value with unequal cash flows LO P3
Compute this machine's net present value. (PV of $1, FV of $1, PVA of $1, and PVA of $1) (Use appropriate factor(s) from the tables
provided. Round all present value factors to 4 decimal places. Round present value amounts to the nearest dollar.)
Answer is not complete.
Your 1
Year 3
Totals
Initial investment
Not present value
Not Cach
Flow
Precent Value
Faotor
Precent Value of
Not Cach FlowG
S
120,000
0.9174
106,000
0.8416 0
83,000
0.7721
$309,000
5
Transcribed Image Text:Required Information Use the following Information for the Quick Study below. (Algo) [The following Information applies to the questions displayed below.] Following is Information on an Investment in a manufacturing machine. The machine has zero salvage value. The company requires a 9% return from its Investments. Initial investment Not cash flows: Year 1 Year 2 Year 3 $ (310,000) 120,000 106,000 83,000 QS 24-19 (Algo) Net present value with unequal cash flows LO P3 Compute this machine's net present value. (PV of $1, FV of $1, PVA of $1, and PVA of $1) (Use appropriate factor(s) from the tables provided. Round all present value factors to 4 decimal places. Round present value amounts to the nearest dollar.) Answer is not complete. Your 1 Year 3 Totals Initial investment Not present value Not Cach Flow Precent Value Faotor Precent Value of Not Cach FlowG S 120,000 0.9174 106,000 0.8416 0 83,000 0.7721 $309,000 5
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