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Siddhivinayak has a life of 11 years, costs $28,560, requires initial NWC of $2,720; and the operating cash flow each year is $43,520. If Siddhivinayak
Siddhivinayak has a life of 11 years, costs $28,560, requires initial NWC of $2,720; and the operating cash flow each year is $43,520. If Siddhivinayak is depreciated over its life and has no salvage value; what is the EAC of Siddhivinayak if the cost of capital is 11 percent? |
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Multiple Choice
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$-27,320.41
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$-41,157.69
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$-48,420.82
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$-50,841.86
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$-45,999.78
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