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QUESTION
The management of Tri-County Air Taxi, Inc. is considering the replacement of an old machine used in its helicopter repair facility.
Appendix AExhibit 16-9.(Use appropriate factor(s) from the tables provided.)
Required:
- 1. Compute the net present value of the machine replacement investment.
- 3. Compute the payback period for the replacement of the machine.
- 4. How much would the salvage value of the new machine have to be on December 31, 20x5, in order to turn the machine replacement into an acceptable investment?
