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Sheridan Company accumulates the following data concerning a proposed capital investment: cash cost $203,200, net annual cash flows $35,000, and present value factor of cash
Sheridan Company accumulates the following data concerning a proposed capital investment: cash cost $203,200, net annual cash flows $35,000, and present value factor of cash inflows for 10 years is 6.14 (rounded). (If the net present value is negative, use either a negative sign preceding the number eg -45 or parentheses eg (45).) Determine the net present value, and indicate whether the investment should be made.
Net present value | $enter the net present value in dollars |
The investment select an option shouldshould not be made. |
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