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sheffield Corp. Is considering purchasing one of two new diagnostic machines. Either machine would makeit...

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Accounting

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sheffield Corp. Is considering purchasing one of two new diagnostic machines. Either machine would makeit possible for the company o bid on jobs that it currently isn't equipped to do. Estimates regarding each machine are provided below. Click here to view PV tables. Calculate the net present value and profitability index of each machine. Assume a 986 discount rate, (Round net present volue to the neorest whole dollar. es 5.275 and profitability index to 2 decimal places, es. 15.25. Enter negative amounts using either a negative sign preceding the number es. 45 or porentheses es. (45). For colculation purposes, use 5 decimol places as displayed in the foctor table provided) Calculate the net present value and profitability index of each machine. Assume a 9% discount rate. (Round net present value to the nearest whole dollor, es. 5,275 and profitability index to 2 decimal places, e.g. 15.25. Enter negative amounts using either a negative sign preceding the number eg. -45 or parentheses eg. (45). For calculation purposes, use 5 decimal places as displayed in the factor table provided.) Which machine should be purchased

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