Question
Vaughn Company has the following information about a potential capital investment: Initial investment $ 370,000 Annual cash inflow $ 85,000 Expected life 7 years Cost
Vaughn Company has the following information about a potential capital investment:
| Initial investment | $ | 370,000 |
| Annual cash inflow | $ | 85,000 |
| Expected life | 7 years | |
| Cost of capital | 12% | |
1. Calculate the net present value of this project. (Future Value of $1, Present Value of $1, Future Value Annuity of $1, Present Value Annuity of $1.) (Use appropriate factor(s) from the tables provided. Round the final answer to nearest whole dollar.)
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Auditing A Complete Guide
Authors: Gerardus Blokdyk
2023rd Edition
1038805538, 978-1038805539
