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Wildhorse Company accumulates the following data concerning a proposed capital investment: cash cost $235,080, net annual cash flows $42,000, and present value factor of
Wildhorse Company accumulates the following data concerning a proposed capital investment: cash cost $235,080, net annual cash flows $42,000, and present value factor of cash inflows for 10 years is 5.89 (rounded). (If the net present value is negative, use either a negative sign preceding the number eg-45 or parentheses eg (45).) Determine the net present value, and indicate whether the investment should be made. Net present value $ The investment be made.
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