Poe Company is considering the purchase of new equipment costing $80,000. The projected annual cash inflows are $30,200, to be received at the end of each year. The machine has a useful life of 4 years and no salvage value. Poe requires a 10% return on its investments. The present value of $1 and present value of an annuity of $1 for different periods is presented below. Compute the net present value of the machine. PeriodsPresent Valueof $1 at 10%Present Value of anAnnuity of $1 at 10%1 0.9091 0.9091 2 0.8264 1.7355 3 0.7514 2.4869 4 0.6830 3.1699
A. $15,731.
B. $(4,896).
C. $4,896.
D. $32,334.
E. $(15,731).
Answer: A
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Howard Becker describes "moral entrepreneurs" as __________
Fill in the blank(s) with the appropriate word(s).
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Answer the following statement true (T) or false (F)