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Siddhivinayak has a life of 4 years, costs $15,540, requires initial NWC of $1,480; and the operating cash flow each year is $23,680. If Siddhivinayak
Siddhivinayak has a life of 4 years, costs $15,540, requires initial NWC of $1,480; and the operating cash flow each year is $23,680. 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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