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Mattice Corporation is considering investing $905,000 in a project. The life of the project would be 9 years. The projec additlonal working capital of $38:000.
Mattice Corporation is considering investing $905,000 in a project. The life of the project would be 9 years. The projec additlonal working capital of $38:000. Which would be released for use elsewhere at the end of the project. The antiua inflows would be $186,000. The salvage value of the assets used in the project would be $48,000. The company uses of 17\%. (lgnore income taxes.) Click here to vlew Exhibit 1281 and Exbibit 12B.2, to determine the appropriate discount factor(s) using the tables provi Required: Compute the net present value of the project. (Negotive amount should be indicated by a minus sign. Round your int colculations and final answer to the nearest whole dollor amount.)
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