The Pantry Vending Machine Company is looking to expand its business by adding a new line of vending machines. The management team is considering expanding into either soda machines or snack machines. Following is the relevant financial data relating to the decision:
What is the net present value for the soda machines?
Present Value of $1
Present Value of Annuity of $1
A) -$141,930
B) $45,370
C) $67,930
D) $124,000
Correct Answer:
Verified
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