Question
Cost of the investment........$30,000 Annual cost savings..............$9,000 Estimated salvage value.......$4,000 Life of the project...................5 years Discount rate.........................12% (Ignore income taxes in this problem.) The data
Cost of the investment........$30,000
Annual cost savings..............$9,000
Estimated salvage value.......$4,000
Life of the project...................5 years
Discount rate.........................12%
(Ignore income taxes in this problem.) The data shown pertain to an investment proposal. The net present value of the proposed ivestment is closest to?
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Auditing Cases An Active Learning Approach
Authors: Mark S. Beasley, Frank A. Buckless, Steven M. Glover, Douglas F. Prawitt
2nd Edition
0130674842, 978-0130674845
