Question: 1.1.00 points M11-5 Calculating Net Present Value [LO 11-3] Citrus Company is considering a project that has estimated annual net cash flows of $21,300 for
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1.1.00 points M11-5 Calculating Net Present Value [LO 11-3] Citrus Company is considering a project that has estimated annual net cash flows of $21,300 for six years and is estimated to cost $100,000. Citrus's cost of capital is 8 percent. Determine the net present value of the project. ( amount should be indicated by a minus sign. Round your final answer to 2 decimal places.) Future Value of $1. Present Value of $1. Future Value Annuity ofS1 Present Value Annuity of $1 (Use appropriate factor(s) from the tables provided. Negative Present Value Based on NPV, determine whether project is acceptable to Citrus Acceptable Unacceptable
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