Required information [The following information applies to the questions displayed below] Falcon Crest Aces (FCA),...
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Required information [The following information applies to the questions displayed below] Falcon Crest Aces (FCA), Incorporated, is considering the purchase of a small plane to use in its wing-walking demonstrations and aerial tour business. Various information about the proposed investment follows: Assume straight line depreciation method is used. Help FCA evaluate this project by calculating each of the following: Required: 3. Net present value (NPV). (Future Value of \$1. Present Value of \$1. Future Value Annuity of \$1, Present Value Annuity of \$1.) Note: Use appropriate factor(s) from the tables provided. Do not round intermediate calculations. Negative amount should be ndicated by a minus sign. Round the final answer to nearest whole dollar. TABLE 11.1A Future Value of $1 TABLE 11.2A Present Value of $1 TABLE 11.3A Future Value of an Annuity of $1 TABLE 11.4A Present Value of Annuity of $1
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