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A project will produce operating cash flows of $ 5 7 , 0 0 0 a year for 3 years. During the life of the
A project will produce operating cash flows of $ a year for years. During the life of the project, inventory will be lowered by $ and accounts receivable will increase by $ Accounts payable will decrease by $ The project requires the purchase of equipment at an initial cost of $ The equipment will be salvaged at the end of the project creating a $ aftertax cash inflow. At the end of the project, net working capital will return to its normal level. What is the net present value of this project given a required return of
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