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The following data concern an investment project (Ignore income taxes.): Investment in equipment Annual net cash inflows Salvage value of the equipment Working capital
The following data concern an investment project (Ignore income taxes.): Investment in equipment Annual net cash inflows Salvage value of the equipment Working capital required Life of the project Required rate of return $ 215,000 $ 56,000 $ 70,700 $ 27,000 5 years 12% The working capital will be released for use elsewhere at the conclusion of the project. Click here to view Exhibit 14B-1 and Exhibit 14B-2, to determine the appropriate discount factor(s) using the tables provided. Required: Compute the project's net present value. Note: Round your intermediate calculations and final answer to the nearest whole dollar amount. Net present value
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