ABC Inc is attempting to evaluate the feasibility of investing $57,534 in a machine having...
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Accounting
ABC Inc is attempting to evaluate the feasibility of investing $57,534 in a machine having a five-year life. The firm estimated the cash inflows associated with the proposal as shown below. The firm has a 12% cost of capital.
year
cash flow
1
13,000.00
2
26,500.0o
3
13,000.00
4
31,500.00
5
$26,000.00
calculate the pay back period and evaluate the profitability of the investment based on the profitability index
. please do not use excel . I prefer the formula
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