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BEA-24 Barney Googal owns a garage and is contemplating purchasing a tire retreading machine for… 1 answer below » BEA-24 Barney Googal owns a garage and is contemplating purchasing a tire retreading machine for $12,820. After estimating costs and revenues, Barney projects a net cash inflow from the retreading machine of $2,700 annually for 7 years. Barney hopes to earn a return of 9% on such investments. What is the present value of the retreading operation? Should Barney Googal purchase the retreading machine? Nov 30 2015 04:55 PM
