Question
(Ignore income taxes in this problem.) The following data pertain to an investment proposal: Cost of the investment $66,000 Annual cost savings $18,000 Estimated salvage
(Ignore income taxes in this problem.) The following data pertain to an investment proposal:
| Cost of the investment | $66,000 |
| Annual cost savings | $18,000 |
| Estimated salvage value | $7,000 |
| Life of the project | 5 years |
| Discount rate | 11% |
| Click here to view Exhibit 13B-1 and Exhibit 13B-2, to determine the appropriate discount factor(s) using table. |
| The net present value of the proposed investment is closest to: (Round discount factor(s) to 3 decimal places, intermediate and final answers to the nearest dollar amount.) |
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Importance Of An Audit In The Internal Control System Evaluation Of The Internal Control System For Inventory Management In A Commercial Company
Authors: Gabriela Saltos, Hernán Maldonado
1st Edition
6202823798, 978-6202823791
