Question
Juliar Inc. has provided the following data concerning a proposed investment project: (Ignore income taxes.) Initial investment $ 180,000 Life of the project 11 years
Juliar Inc. has provided the following data concerning a proposed investment project: (Ignore income taxes.) Initial investment $ 180,000 Life of the project 11 years Annual net cash inflows $ 35,000 Salvage value $ 25,000 The company uses a discount rate of 13%. Click here to view Exhibit 11B-1 and Exhibit 11B-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.)
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