Question
A company is considering a proposal that requires an initial investment of $91,100, has predicted net cash inflows of $30,000 per year for four years
A company is considering a proposal that requires an initial investment of $91,100, has predicted net cash inflows of $30,000 per year for four years and no salvage value. At a discount rate of 10 percent the projects net present value is:
| $4,000 | ||
| $20,490 | ||
| $24,490 | ||
| $95,100 |
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Management Control Systems Performance Measurement Evaluation And Incentives
Authors: Kenneth Merchant, Wim Van Der Stede
4th Edition
1292110554, 978-1292110554
