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# Briarcrest Condiments is a spice-making firm. Recently, it…

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Briarcrest Condiments is a spice-making...
Briarcrest Condiments is a spice-making firm. Recently, it developed a new process for producing spices. The process requires new machinery that would cost \$1,968,450. have a life of five years, and would produce the cash flows shown in the following table.Year Cash Flow
1 \$512,496
2 -242,637
3 814,558
4 887,225
5 712,642What is the NPV if the discount rate is 15.9 percent? (Enter negative amounts using negative sign e.g. -45.25. Round answer to 2 decimal places, e.g. 15.25.)
NPV is \$Entry field with incorrect answerUgh, I have gotten this calculation wrong twice. Wondering if Bizhelp can figure the correct answer?
Submitted: 2 years ago.Category: Single Problem
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2/2/2016
Business Tutor: Bizhelp, CPA replied 2 years ago
Bizhelp, CPA
Category: Single Problem
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Hi,

Thanks for the positive ratings and bonus on the prior questions. I will work on this and answer asap.

Customer reply replied 2 years ago
Thank you
Business Tutor: Bizhelp, CPA replied 2 years ago

Thanks for requesting me. If you wish to request me on future posts, please put "For Bizhelp" at the beginning of your post.

Hope this helps!

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