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Hartley Company is considering an investment opportunity with the following expected net cash inflows: Year 1, $270,000, Year 2, $150,000, Year 3, $120,000. The company
Hartley Company is considering an investment opportunity with the following expected net cash inflows: Year 1, $270,000, Year 2, $150,000, Year 3, $120,000. The company uses a discount rate of 12% and the initial investment is $345,000 F(Click the icon to view Present Value of $1 table) (Click the icon to view Present Value of Ordinary Annuity of $1 table) Calculate the NPV of the investment. Should the company invest in the project? Why or why not? Use the following table to calculate the net present value of the project. (Enter any factor amounts to three decimal places, XXXX) Net Cash Inflow PV Factor (i - 12%) Years Year 1 Present value of each year's inflow: (n=1) Present value of each year's inflow: (n=2) Present value of each year's inflow: (n = 3) Year 2 Year 3 Total PV of cash inflows Year 0 Initial investment Net esent value of the project EXZOB Using the NPV as the basis of its decision, Hartley Company Present Value consider the investment because its NPV is
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