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A company will sell Thingamajigs to consumers at a price of $106 per unit. The variable cost to produce Thingamajigs is $29 per unit. The

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A company will sell Thingamajigs to consumers at a price of $106 per unit. The variable cost to produce Thingamajigs is $29 per unit. The company expects to sell 20,000 Thingamajigs to consumers each year. The fixed costs incurred each year will be $160,000. There is an initial investment to produce the goods of $3,400,000 which will be depreciated straight line over the 9 year life of the investment to a salvage value of $0. The opportunity cost of capital is 14% and the tax rate is 29% What is operating cash flow each year? 1089355.56 Correct response: 1,089,355.56+1 Click "Verify" to proceed to the next part of the question. Using the an annual operating cash flow of $1,089,355.56, what is the net present value of this investment? Number Should the company accept or reject this project? O Accept O Reject Click "Verify" to proceed to the next part of the

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