Question
Using 16% calculate the net present value for the project shown in the table and indicate whether it is acceptable Initial Investment (CFO) -1,143,000 Year
Using 16% calculate the net present value for the project shown in the table and indicate whether it is acceptable
Initial Investment (CFO) -1,143,000
Year (t) Cash Inflows (Cft)
1 $83,000
2 $139,000
3 $189,000
4 $253,000
5 $311,000
6 $375,000
7 $270,000
8 $95,000
9 $46,000
10 $25,000
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Managerial Accounting
Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer
12th Edition
9780073526706
