1. Net present value method Ewing Corp. is evaluating a proposed capital budgeting project that will require an initial investment of $120,000. The project is expected to generate the following net cash flows: Year 1 2 3 4 Cash Flow $37,600 $50,500 $45,000 $41,900 Assume the desired rate of return on a project of this type is 9%. The net present value of this project is Suppose Ewing Corp. has enough capital to fund the project, and the project is not competing for funding with other projects. Should Ewing Corp. accept or reject this project? O Accept the project O Reject the project

1. Net present value method Ewing Corp. is evaluating a proposed capital budgeting project that will require an initial investment of $120,000. The project is expected to generate the following net cash flows: Assume the desired rate of return on a project of this type is 9%. The net present value of this project is Suppose Ewing Corp. has enough capital to fund the project; and the project is not competing for funding with other projects. Should Ewing Corp. accept or reject this project? Accept the project Reject the project