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Required information Use the following information for the Quick Study below. (The following information applies...

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Accounting

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Required information Use the following information for the Quick Study below. (The following information applies to the questions displayed below.) A company is considering investing in a new machine that requires a cash payment of $47,947 today. The machine will generate annual cash flows of $21,000 for the next three years. QS 24-14 Net present value LO P3 Assume the company uses an 8% discount rate. Compute the net present value of this Investment. (PV of $1. FV of $1. PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided. Round your present value factor to 4 decimals.) Chart Values are Based on: n % x PV Factor Select Chart Amount Cash Flow Annual cash flow Present Value $ 0 Net present value

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