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Davis Corporation has provided the following data concerning a proposed investment project Ignore income taxes in this problem Initial investment $ 480 090 Life of

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Davis Corporation has provided the following data concerning a proposed investment project Ignore income taxes in this problem Initial investment $ 480 090 Life of the project those 7 years Working capital required $17.090 Annual net cash inflows $168 090 Salvage value $72090 The company uses a discount rate of 1096 The working capital would be released at the end of the project 1 . DRAW A TIME LINE GRAPH FOR THIS PROJECT 2. COMPUTE THE NET PRESENT VALUE USING A LONG DISCOUNTRATE

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