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A project requires an increase in inventories, accounts payable, and accounts receivable of $110,000, $60,000, and $65,000, respectively. If opportunity cost of capital is 10%
A project requires an increase in inventories, accounts payable, and accounts receivable of $110,000, $60,000, and $65,000, respectively. If opportunity cost of capital is 10% and the project has a life of 9 years, and the working capital investments will be recovered at the end of the life of the project, what is the effect on the NPV of the project? Enter your answer rounded to two decimal places.
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