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Mini Inc. is contemplating a capital project costing $49,631. The project will provide annual cost savings of $19,000 for 3 years and have a salvage
Mini Inc. is contemplating a capital project costing $49,631. The project will provide annual cost savings of $19,000 for 3 years and have a salvage value of $2,000. The company's required rate of return is 10%. The company uses straight-line depreciation. This project is undeteptable because it has a negative NPV. acceptable because it has a zero NPV. acceptable because it has a positive NPV. unacceptable because it cams a rate less than 10%
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