Question
Wayne company is considering a long-term investment project called zip zip, will require an investment of a $120000. That will have a useful life of
Wayne company is considering a long-term investment project called zip zip, will require an investment of a $120000. That will have a useful life of 4 years and no salvage value. And annual cash inflows would increase 80000 annual cash offlies would increase by 40000 the company's required rate of return is 12%
Calculate the net present value on this project
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Intermediate Accounting
Authors: Loren A. Nikolai, John D. Bazley, Jefferson P. Jones
11th edition
978-0538467087, 9781111781262, 538467088, 1111781265, 978-0324659139
