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Hsung Company accumulates the following data concerning a proposed capital investment: cash cost $187,990, net annual cash flows $39,500, and present value factor of cash
Hsung Company accumulates the following data concerning a proposed capital investment: cash cost $187,990, net annual cash flows $39,500, and present value factor of cash inflows for 10 years is 5.02 (rounded). (If the net present value is negative, use either a negative sign preceding the number eg -45 or parentheses eg (45).) Determine the net present value, and indicate whether the investment should be made. Net present value $enter the net present value in dollars The investment select an option be made.
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