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................. please complete... attachment contains tables Juliar Inc. has provided the following data concerning a proposed investment project: (Ignore income taxes.) Initial investment $ 170,000
................. please complete... attachment contains tables
Juliar Inc. has provided the following data concerning a proposed investment project: (Ignore income taxes.)
Initial investment | $ | 170,000 |
Life of the project | 9 years | |
Annual net cash inflows | $ | 34,000 |
Salvage value | $ | 24,000 |
The company uses a discount rate of 12%. |
Click here to view Exhibit 13B-1 and Exhibit 13B-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. Omit the "$" sign in your response.) |
Net present value | $ |
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