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Simms Manufacturing Is Considering Two Alternative Investment Proposals with the Following

Question 4

Multiple Choice

Simms Manufacturing is considering two alternative investment proposals with the following data:
Simms Manufacturing is considering two alternative investment proposals with the following data: Note: Present value tables are needed. What is the net present value of Proposal X? A) $3,070 positive B) $4,130 positive C) $3,070 negative D) $4,130 negative Note: Present value tables are needed.
What is the net present value of Proposal X?


A) $3,070 positive
B) $4,130 positive
C) $3,070 negative
D) $4,130 negative

Correct Answer:

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