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Riston Company has $400,000 to invest. The company is trying to decide between two alternative uses of the funds. The alternatives are as follows: The
Riston Company has $400,000 to invest. The company is trying to decide between two alternative uses of the funds. The alternatives are as follows: The working capital needed for project B will be released for investment elsewhere at the end of five years. Wrist on Company uses a 10% discount rate. (Ignore income taxes.) Calculate net present value for each project. (Negative amounts should be indicated by a minus sign. Leave no cells blank - be certain to enter "0" wherever required. Round discount factor(s) to 3 decimal places, intermediate and final answers to the nearest dollar amount. Omit the "$" sign in your response.) Net Present Value Which investment alternative (if either) would you recommend that the company accept
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