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
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
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
please answer in text form and in proper format answer with must explanation , calculation for each part and steps clearly
![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](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F1bcf4155-d551-48d6-be4f-4fc6b80daae7%2F46cfa2f0-8083-46c0-b4fb-17c6573886bd%2Fktfqyps_processed.jpeg&w=3840&q=75)
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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