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Craig's Car Wash inc. is considering a project that has the following cash flows, salvage value, and WACC data. What is the project's economic life?
Craig's Car Wash inc. is considering a project that has the following cash flows, salvage value, and WACC data. What is the project's economic life?
WACC: 10.00%
Year | 0 | 1 | 2 | 3 |
Cash flows | -$6,000 | $2,600 | $2,300 | $3,000 |
Salvage Value | $6,000 | $3,500 | $2,300 | $0 |
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