Snow Mountain Sports makes snowboards.The company wants to add a new machine that would cost $80,000 and have a useful life of 5 years and no residual value.The company expects the machine will generate $23,000 annual cash inflows for 5 years.The discount rate is 10%.What is the net present value of the investment?

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The Answer of  Snow Mountain Sports makes snowboards.The company wants to add a new machine that would cost $80,000 and have a useful life of 5 years and no residual value.The company expects the machine will generate $23,000 annual cash inflows for 5 years.The discount rate is 10%.What is the net present value of the investment?

Snow Mountain Sports Makes Snowboards