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Required information A potential investment has a cost of $455,000 and a useful life of 4 years. Annual cash sales from the investment are expected
Required information A potential investment has a cost of $455,000 and a useful life of 4 years. Annual cash sales from the investment are expected to be $177,045 and annual cash operating expenses are expected to be $69,745. The expected salvage value at the end of the investment's life is $45,000. The company has a before-tax discount rate of 16%. Required: Calculate the following. (Round dollar amounts to the nearest whole dol IRR to one decimal place (i.e. .055 = 5.5%). Enter negative amounts with sign.) Annual PMT of the investment FV of the investment NPV of the investment IRR of the investment $ LA LA %
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