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is performing a post-audit of a project completed one year ago. The initial estimates were that the project would cost $230,068 nvestment has been in
is performing a post-audit of a project completed one year ago. The initial estimates were that the project would cost $230,068 nvestment has been in operation for 1 year, revised figures indicate that it actually cost $240,148, will have a total useful life of 11 years, and will produce net annual cash flows of $38,000 per year. Click here to view PV table Evaluate the success of the project. Assume a discount rate of 11%. (If the net present value is negative, use either a negative sign preceding the number eg -45 or parentheses eg (45), Round present value answers to 0 decimal places, e.g. 125. For calculation purposes, use 5 decimal places as displayed in the factor table provided.) Original estimate net present value s Revised estimate net present value a success. The project Click if you would like to Show Work for this question: Open Show Work
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