Question
SheffieldInc is considering an investment project with the following characteristics: internal rate of return factor3.870; net income $43000; net annual cash inflow $145000; depreciation expense
SheffieldInc is considering an investment project with the following characteristics: internal rate of return factor3.870; net income $43000; net annual cash inflow $145000; depreciation expense $84000. What was the amount of the initial investment?
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Managerial Accounting
Authors: John J Wild, Ken W. Shaw, Barbara Chiappetta
7th edition
1260482936, 978-1260482935
