Question
(Ignore income taxes in this problem.) Your Company is considering a project with a 6-year life. Your required rate of return is 14%. What is
(Ignore income taxes in this problem.) Your Company is considering a project with a 6-year life. Your required rate of return is 14%. What is the net present value of the project?
|
|
| Project |
|
| Cost of equipment needed now | $190,000 |
|
| Working capital investment needed now | 150,000 |
|
| Annual cash operating inflows | 70,000 |
|
| Salvage value of equipment in 6 years | 0 |
Group of answer choices
( $17,775)
$ 630
$57,225
$18,870
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Auditing Concepts And Methods
Authors: McGraw-Hill
1st Edition
0074701266, 978-0074701263
