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Check my work Exercise 11-7 (Algo) Net present value and unequal cash flows LO P3 Gomez is considering a $215,000 investment with the following net
Check my work Exercise 11-7 (Algo) Net present value and unequal cash flows LO P3 Gomez is considering a $215,000 investment with the following net cash flows. Gomez requires a 15% return on its investments. (PV of $1. FV of $1. PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.) Net cash flows Year 1 $88,000 Year 2 $53,000 Year 3 $89,000 Year 4 $151,000 Year 5 $46,000 (a) Compute the net present value of this investment. (b) Should Gomez accept the investment? Complete this question by entering your answers in the tabs below. Required A Required B Compute the net present value of this investment. (Round your answers to the nearest whole dollar.) Present Value Net Cash Year Present Value of 1 of Net Cash Flows at 15% Flows Year 1 $ 88,000 Year 2 53,000 Year 3 89,000 Year 4 151,000 (a) Compute the net present value of this investment. (b) Should Gomez accept the investment? Complete this question by entering your answers in the tabs below. Required A Required B Compute the net present value of this investment. (Round your answers to the nearest whole dollar.) Present Value Net Cash Year Present Value of 1 of Net Cash Flows at 15% Flows Year 1 $ 88,000 Year 2 53,000 Year 3 89,000 Year 4 151,000 Year 5 46,000 Totals $ 427,000 $ 0 Initial investment Net present value $ 0 Required A Required B >
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