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Please help, thank you! Wayne Company is considering a long-term investment project called ZIP. ZIP will require an investment of $129,600. It will have a
Please help, thank you!
Wayne Company is considering a long-term investment project called ZIP. ZIP will require an investment of $129,600. It will have a useful life of 4 years and no salvage value. Annual cash inflows would increase by $80,100, and annual cash outflows would increase by $40.600. The company's required rate of return is 8%. Click heie to view PV table: Calculate the net present value on this project. of the net present value is negative, use either a nesathe sign preceding the number es 45 or porentheses e8 (45). Round present value answer to 0 decimal placest es: 125. For calculotion purposes use 5 decimal places as displayed in the factor table provided.) Net present value Whether this project should be accepted? The project should be Step by Step Solution
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