Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. a company is considering buying a machine that wou

A company is considering buying a machine that would give a net cost savings of...

60.1K

Verified Solution

Question

Finance

image
A company is considering buying a machine that would give a net cost savings of $85,000 per year for 10 years. The cost of the machine is $350,000. The company's weighted average cost of capital is 12%. What is the profitability index for the machine? Please enter your answer to two decimals

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

A triangle has sides of lengths 24,143, and 145. Is it a right triangle?Explain.no; 24...

Geometry
Q

Suppose P(t) t(3cubed)– 4t + 4 represents the position of a moving particle after t seconds. a....

Basic Math
Q

I need a outline template on this topic: What is ethical life according to kant, Mill, Aristotle

Psychology
Q

how is technology used for decision making?

Psychology
Q

MM with Corporate Taxes Companies U and L are identical in every respect except that U is...

Finance
Q

What is global health O O The health of people in a city O Diseases...

Biology
Q

monog he Moon is in the Seventh House or both 81 of the time a...

Statistics
Q

Factor completely 49c 70cd 25d Choose the correct answer for Question 5 O 7c 5d...

Algebra
Q

Louie's Meals produces frozen meals, which it sells for $7 each. The company uses the...

Accounting
Q

Bridget, a college student, plans to operate a hot dog stand at the beach during...

Accounting
Q

Doing during 2020 right Lopez present of Methodist company was paid his semi monthly salary...

Accounting
Q

Details: This trip will depart at 6:00 p.m. on Friday after dinner and return at...

Accounting