Byerly Corporation has provided the following data concerning an investment project that it is considering: Initial...
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Byerly Corporation has provided the following data concerning an investment project that it is considering: Initial investment Working capital $670,000 $ 61,000 Annual cash flow $227,000 per year $ 20,000 Salvage value at the end of the project Expected life of the project 3 years 10% Discount rate The working capital would be released for use elsewhere at the end of the project. The net present value of the project is closest to: Byerly Corporation has provided the following data concerning an investment project that it is considering: Initial investment Working capital $670,000 $ 61,000 Annual cash flow $227,000 per year $ 20,000 Salvage value at the end of the project Expected life of the project 3 years 10% Discount rate The working capital would be released for use elsewhere at the end of the project. The net present value of the project is closest to:
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Related Book For
Managerial Accounting for Managers
ISBN: 978-0073527130
2nd edition
Authors: Eric Noreen, Peter Brewer, Ray Garrison
Posted Date:
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