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Thunder Corporation, an amusement park, is considering a capital investment in a new exhibit. The exhibit would cost $163,796 and have an estimated useful life
Thunder Corporation, an amusement park, is considering a capital investment in a new exhibit. The exhibit would cost $163,796 and have an estimated useful life of 6 years. It will be sold for $ 62,300 at that time. (Amusement pa rks need to rotate exhibits to keep people interested t is expected to increase net annual cash flows by $ 28,600. The company's borrowing rate is 8%. Its cost of capital is 10%. Click here to view P table. Calculate the net present value of this project to the company and determine whether the project is acceptable. (If the net present value is negative, use either a negative sign preceding the number eg-45 or parentheses eg (45). For calculation purposes, use 5 decimal places as displayed in the factor table provided. Round present value answer to O decimal places, eg. 125.) Net present value The project acceptable
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