ACC 202-Sections 01-03: Managerial Accounting (SP23) Homework: Chapter 12 Pre-HW Question list Reference Reference Reference Reference Skyline Music is considering investing $750,000 in private lesson studios that will have no residual value. The studios are expected to result in annual net cash inflows of $85,000 per year for the Question list next ten years. Assuming that Skyline Music uses a 12% hurdle rate, what is the net present value (NPV) of the studio investment? Is this a favorable investment? (Click the icon to view the present value of an annuity table. (Click the icon to view the present value table.) (Click the icon to view the future value of an annuity table.) (Click the icon to view the future value table.) x/s Question 1 Question 2 Question 3 (Round your answer to the nearest whole dollar. Use parentheses or a minus sign for a negative net present value.) Question 4 The net present value of the studio investment is Question 5