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The owners of a chain of fast-food restaurants spend $24 million installing donut makers in all their restaurants. This
Posted: Sun Jul 03, 2022 12:54 pm
by answerhappygod
- The Owners Of A Chain Of Fast Food Restaurants Spend 24 Million Installing Donut Makers In All Their Restaurants This 1 (38.09 KiB) Viewed 15 times
The owners of a chain of fast-food restaurants spend $24 million installing donut makers in all their restaurants. This is expected to increase cash flows by $11 million per year for the next five years. If the discount rate is 6.6%, were the owners correct in making the decision to install donut makers? O A. No, as it has a net present value (NPV) of - $2 million. O B. Yes, as it has a net present value (NPV) of $13 million. O C. Yes, as it has a net present value (NPV) of $22 million. D. No, as it has a net present value (NPV) of $4 million.