Bullinger Corporation has provided the following data concerning an investment project that is considering: Initial investment..... $470,000

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Bullinger Corporation has provided the following data concerning an investment project that is considering:

Initial investment..... $470,000

Annual cash flow...... $134,000 per year

Salvage value at the end of the project..... $27,000

Expected life of the project..... 4 years

Discount rate...... 14%

Which is the net present value of the project closest to?

A. $(79,658) B. $93,000 C. $406,326 D. $(63,674)

Related Book For answer-question

Managerial Accounting for Managers

ISBN: 978-1259578540

4th edition

Authors: Eric Noreen, Peter Brewer, Ray Garrison

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Posted Date: Feb 15, 2019 09:11 AM

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Bullinger Corporation has provided the following data concerning an investment project that is considering: Initial investment..... $470,000

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Managerial Accounting for Managers

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