HW HELP

Managerial Accounting

(Compute the net present value of the project.)

* ATTACHED FILE BELOW *

Juliar Inc. has provided the following data concerning a proposed investment project: (Ignore income taxes.) Initial investment Life of the project Annual net cash inflows Salvage value $ 300,000 $ $ 11 years 47,000 37,000 The company uses a discount rate of 9%. Click here to view Exhibit 13B-1 and Exhibit 13B-2 to determine the appropriate discount factor(s) using tables. Required: Compute the net present value of the project. (Negative amount should be indicated by a minus sign. Round discount factor(s) to 3 decimal places, intermediate and final answers to the nearest dollar amount. Omit the "$" sign in your response.)