Question
A project has an initial cost of $56,800, expected net cash inflows of $14,000 per year for 6 years, and a cost of capital of
A project has an initial cost of $56,800, expected net cash inflows of $14,000 per year for 6 years, and a cost of capital of 12%. What is the project's NPV? (Hint: Begin by constructing a time line.) Do not round your intermediate calculations. Round your answer to the nearest cent.
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Managerial Accounting Tools for business decision making
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
6th Edition
978-0470477144, 1118096894, 9781118214657, 470477148, 111821465X, 978-1118096895
