TLC Corp. is considering purchasing one of two new diagnostic machines. Either machine would make...
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TLC 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: Click here to view PV table. Calculate the net present value and profitability index of each machine. Assume a 10% discount rate. (If the net present value is nesative. uce pither a nesative sign preceding the number eg. 45 or parentheses eg. (45). For calculation purposes, use 5 decimal ploces as displayed in Calculate the net present value and profitability index of each machine. Assume a 10% discount rate. (If the net present volue is negative. use elther a negative sign preceding the number es. 45 or parentheses es. (45). For colculation purposes use 5 decimal places as displayed in the factor toble provided, es. 1.25124 and final answers to O decimal ploces, eg. 5.275. Round profitability index answers to 3 decimal places, es. 12.521.) Which machine should be purchased
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