1. Assuming that the desired rate of return is 15%, determine the net present value for the proposal. If required, round to the nearest dollar.Net present value$
2. Would management be likely to look with favor on the proposal?

ail u Course Hero m Welcomehaleb ... 8 Get HomeworkHel... 5 google translate... ss'r Plagiarism Checker... Net present value method The following data are accumulated by Geddes Company in evaluating the purchase of $150,000 of equipment, having a fouryear useful life: Net Income Net Cash Flow Year 1 $50,000 $87,500 Year 2 27,000 64,500 Year 3 13,500 51,000 Year 4 4,500 42,000 This information has been collected in the Microsoft Excel Online le. Open the spreadsheet, perform the required analysis, and input your answers in the questions below. Open spreadsheet 3. Assuming that the desired rate of return is 15%, determine the net present value for the proposal. If required, round to the nearest dollar. Net present value $:l p. I'ul'ould management be likelvr to look with favor on the proposal? V , the net present value indicates that the return on the proposal is V than the minimum desired rate of return of 15%