Question : 21. Newman Auto Repair considering the purchase of a hydraulic machine : 1295628
21. Newman Auto Repair is considering the purchase of a hydraulic machine costing approximately $35,000. Using a discount rate of 18%, the present value of future cash inflows are calculated to be $42,000. To yield at least an 18% return, the actual cost of the machine should not exceed the $35,000 estimate by more than: A. $28,000B. $49,000C. $ 7,000D. $ 6,300 22. Mid-Town Plumbers Inc. is considering the […]