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The following information pertains to an investment: Investment $140,000 Annual revenues $96,000 Annual variable costs $32,000 Annual fixed out-of-pocket costs $20,000 Discount rate 12% Expected
The following information pertains to an investment:
| Investment | $140,000 |
| Annual revenues | $96,000 |
| Annual variable costs | $32,000 |
| Annual fixed out-of-pocket costs | $20,000 |
| Discount rate | 12% |
| Expected life of project | 8 years |
The present value of the annual cash flow (rounded) is
| a. | $136,822. | |
| b. | $218,592. | |
| c. | $204,884. | |
| d. | $152,538. |
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Basic Accounting Auditing Concepts Internal Auditing And Guiding
Authors: Bertram Bessette
1st Edition
B09PMFWVSJ, 979-8796265253
