The following data pertain to an investment that is being considered by the management of Hanson Company:
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The following data pertain to an investment that is being considered by the management of Hanson Company:
Discount rate | 10% |
Life of the project | 4 years |
Cost of the investment | $45,965 |
Annual cost savings | 14,500 |
Salvage value | 2,900 |
The net present value of the proposed investment is (Round your intermediate calculations to 3-decimals and your present value calculations to the nearest dollar amount.):
Related Book For
Financial Reporting and Analysis
ISBN: 978-0078025679
6th edition
Authors: Flawrence Revsine, Daniel Collins, Bruce, Mittelstaedt, Leon
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