Applying Time Value Factor

A factory costs $$661,095.$ You forecast that it will produce cash inflows of $$532,207$ in year $1,$$$115,000$ in year $2,$ and $$300,000$ in year $3.$ The discount rate is $15\mathrm{.}00\%.$

a$.$ Calculate the PV of cash inflows. $($Do not round intermediate calculations. Round your answer to $2$ decimal places.$)$

Present

value

b$.$ Should the company invest in the factor?

The firm shout invest