Question
The following data pertain to an investment proposal Cost of investment 45,000 annual Cost savings 10,000 Estimated salvage value 0 Expected life of investemnt 5
The following data pertain to an investment proposal
Cost of investment 45,000
annual Cost savings 10,000
Estimated salvage value 0
Expected life of investemnt 5 years
discount Rate 10%
What is the net present Value of the proposed investment ?
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Auditing
Authors: Karla M. Johnstone, Audrey A. Gramling, Larry E. Rittenberg
8th International Edition
0538477660, 978-0538477666
