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Current Attempt in Progress Your answer is partially correct. Wayne Company is considering a long-term investment project called ZIP.ZIP will require an investment of

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Current Attempt in Progress Your answer is partially correct. Wayne Company is considering a long-term investment project called ZIP.ZIP will require an investment of $120,000. It will have a useful life of 4 years and no salvage value. Annual cash inflows would increase by $80,000, and annual cash outflows would increase by $40,000. The company's required rate of return is 12%. Click here to view PV table. Calculate the net present value on this project. (If the net present value is negative, use either a negative sign preceding the number eg-45 or parentheses eg (45). Round present value answer to 0 decimal places, eg. 125. For calculation purposes, use 5 decimal places as displayed in the factor table provided.) Net present value Whether this project should be accepted? The project should be accepted v 1966

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