Question 3 of 7 0 10 View Policies Show Attempt History Current Attempt in Progress Your answer is incorrect Bridgeport Corporation, which operates an amusement park, is considering a capital investment in a new ride The ride would cost $132,000 and have an estimated useful life of 5 years The park will sell it for $60,300 at that time (Amusement parks need to rotate rides to keep people interested ) The ride will be expected to increase net annual cash flows by $24,700 The company's borrowing rate is 8 Its cost of capital is 10 Click here to view the factor table, Calculate the net present value of this project to the company (If the net present value is negative, use either a negative sign preceding the number eg 45 or parentheses eg (45) For calculation purposes, use 5 decimal places as displayed in the factor table provided, eg 1 25124 Round present value answer to decimal places, eg 125 ) Net present value $ 926 eTextbook and Media Save for Later Attempts 1 of 4 used Submit Answer i 1 119 Cloud

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Question 3 of 7 0   10 View Policies Show Attempt History Current Attempt in Progress   Your answer is incorrect  Bridgeport Corporation, which operates an amusement park, is considering a capital investment in a new ride  The ride would cost $132,000 and have an estimated useful life of 5 years  The park will sell it for $60,300 at that time  (Amusement parks need to rotate rides to keep people interested ) The ride will be expected to increase net annual cash flows by $24,700  The company's borrowing rate is 8   Its cost of capital is 10   Click here to view the factor table, Calculate the net present value of this project to the company  (If the net present value is negative, use either a negative sign preceding the number eg  45 or parentheses eg  (45)  For calculation purposes, use 5 decimal places as displayed in the factor table provided, eg  1 25124  Round present value answer to decimal places, eg  125 ) Net present value $ 926 eTextbook and Media Save for Later Attempts  1 of 4 used Submit Answer   i 1 119 Cloud

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Financial Accounting an introduction to concepts, methods and uses

Question 3 of 7 0 / 10 View Policies Show Attempt History Current Attempt in Progress *

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Financial Accounting an introduction to concepts, methods and uses

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