Walen Co. has intends to purchase a new forklift for $80,000.00 cash. It expects annual net operating cash flows of $15,000 per year for 8 years, and a salvage value at the end of 8 years $8,200. Walen uses a 10% discount rate. What is the net present value of the investment? (For calculation purposes, use five decimal places as displayed in the factor table provided. Round your ar to two decimal places (e.g., 52.75).) Click here to view the factor table. Net present value of investment
Walen Co. has intends to purchase a new forklift for $80,000.00 cash. It expects annual net operating cash flows of $15,000 per year for 8 years, and a salvage value at the end of 8 years $8,200. Walen uses a 10% discount rate. What is the net present value of the investment? (For calculation purposes, use five decimal places as displayed in the factor table provided. Round your ar to two decimal places (e.g., 52.75).) Click here to view the factor table. Net present value of investment
Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 18EB: Garnette Corp is considering the purchase of a new machine that will cost $342,000 and provide the...
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![Walen Co. has intends to purchase a new forklift for $80,000.00 cash. It expects annual net
operating cash flows of $15,000 per year for 8 years, and a salvage value at the end of 8 years of
$8,200. Walen uses a 10% discount rate. What is the net present value of the investment? (For
calculation purposes, use five decimal places as displayed in the factor table provided. Round your answer
to two decimal places (e.g., 52.75).)
Click here to view the factor table.
Net present value of investment](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F152d606a-19d5-42cc-b16b-d3ab7c31caac%2Ff8602be1-d992-46a7-869c-17e3347af79f%2F2wd3pqh_processed.png&w=3840&q=75)
Transcribed Image Text:Walen Co. has intends to purchase a new forklift for $80,000.00 cash. It expects annual net
operating cash flows of $15,000 per year for 8 years, and a salvage value at the end of 8 years of
$8,200. Walen uses a 10% discount rate. What is the net present value of the investment? (For
calculation purposes, use five decimal places as displayed in the factor table provided. Round your answer
to two decimal places (e.g., 52.75).)
Click here to view the factor table.
Net present value of investment
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