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Accounting homework help

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ACC 102 Project

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Thomas Edison State College

Principles of Managerial Accounting (ACC-102)

1. Briarcrest Condiments is a spice-making firm. Recently, it developed a new process for producing spices. The process requires new machinery that would cost $1,968,450.

1. Briarcrest Condiments is a spice-making firm. Recently, it developed a new process for producing spices. The process requires new machinery that would cost $1,968,450. have a life of five years, and would produce the cash flows shown in the following table.

Year Cash Flow

1 $512,496

2 -242,637

3 814,558

4 887,225

5 712,642

What is the NPV if the discount rate is 15.9 percent? (Enter negative amounts using negative sign e.g. -45.25. Round answer to 2 decimal places, e.g. 15.25.)

NPV is $

ACC 548 Final Exam Answers

 

 

ACC 548 Final Exam Answers

 

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