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A company will sell Gizmos to consumers at a price of $113 per unit. The variable cost to produce Gizmos is $37 per unit. The

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A company will sell Gizmos to consumers at a price of $113 per unit. The variable cost to produce Gizmos is $37 per unit. The company expects to sell 11,000 Gizmos to consumers each year. The fixed costs incurred each year will be $230,000. There is an initial investment to produce the goods of $2,900,000 which will be depreciated straight line over the 13 year life of the investment to a salvage value of $0. The opportunity cost of capital is 13% and the tax rate is 30% What is operating cash flow each year? 491123.08 :491, 123.081 Click "Verify" to proceed to the next part of the question. Using the an annual operating cash flow of $491,123.08, what is the net present value of this investment? * Should the company accept or reject this project? Reject O Accept

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