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Question 28 A 4-year project being considered by Metro Industries. A $50,000 working capital investment that is fully recoverable at the end of the fourth

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Question 28 A 4-year project being considered by Metro Industries. A $50,000 working capital investment that is fully recoverable at the end of the fourth year is required. 5.1 pts Metro is subject to a 40% income tax rate and rounds all computations to the nearest dollar. The company uses the net present value method to analyze investments and will employ the following factors. Period Present Value of $1 at 12% Present Value of $1 Annuity at 12% 1 0.89 0.89 2 0.80 1.69 3 0.71 2.40 4 0.64 3.04 The overall discounted-cash-flow impact of the working capital investment on Metro's project is $(10,800) $(59,200) O $(18,000) $(2,800) $(50,000) 5.1 pts

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