HW HELP Managerial Accounting Fimbrez Corporation has provided the following data concerning an investment project that it is considering Initial investment $230,000 Annual cash flow $132,000 per year Expected life of the project 4 years Discount rate 12 Click here to view Exhibit 13B 1 and Exhibit...

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HW HELP: Managerial Accounting Fimbrez Corporation has provided the following data concerning an investment project that it

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HW HELP: Managerial Accounting

Fimbrez Corporation has provided the following data concerning an investment project that it is considering:

Initial investment:	$230,000
Annual cash flow:	$132,000 per year
Expected life of the project:	4 years
Discount rate:	12%

Click here to viewExhibit 13B-1andExhibit 13B-2, to determine the appropriate discount factor(s) using table.

The net present value of the project is closest to:(Round discount factor(s) to 3 decimal places, intermediate and final answers to the nearest dollar amount.)

Posted Date: Jun 21, 2024 11:14 PM

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HW HELP: Managerial Accounting Fimbrez Corporation has provided the following data concerning an investment project that it

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