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x Your answer is incorrect Bonita Corporation, which operates an amusement park, is considering a capital investment in a newride. The ride would cost
x Your answer is incorrect Bonita Corporation, which operates an amusement park, is considering a capital investment in a newride. The ride would cost $119,000 and have an estimated useful Me of 5 years. The park will sell it for $61,200 at that time. (Amusement parks need to rotate rides to keep people interested) The ride will be expected to increase net annual cash flows by $21.200. The company's borrowing rate is %s cost of capitalis 10% Click here to view the factor table Calculate the net present value of this project to the company. Of 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, eg 1.25124 Round present value answer to O decimal places, eg 125) Net present value SUPPORT
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