Briarcrest condiments is a spice-making firm recently it

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Briarcrest Condiments is a spice-making firm. Recently, it developed a new process for producing spices. The process requires new machinery that would cost $1,930,262. Have a life of five years, and would produce the cash flows shown in the following table.

Year

Cash Flow

1

$534,021

2

-263,334

3

902,775

4

971,600

5

543,817

What is the NPV if the discount rate is 15.00 percent?

Reference no: EM13570807

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