q1 Kingbird Corp. is considering purchasing one of two new...
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Kingbird Corp. is considering purchasing one of two new diagnostic machines. Either machine would make it possible for the company to bid on jobs that it currently is not equipped to do. Estimates for each machine are as follows: Calculate the net present value and profitability index of each machine. Assume a 10% discount rate. (If the net present value is negative, use elther a negotive sign preceding the number es. 45 or parentheses e. .45). For calculotion purposes, use 5 decimal ploces as displayed in the foctor toble provided, es. 1.25124 and final answers to 0 decimal places, e 85,275 . Round profitability index answers to 3 decimal ploces, c. 12521.) Which machine should be purchased? dd Media
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