Question: 15. Nike, Inc. is considering a new inventory system that will cost $110,000. The system is expected to generate positive cash flows over the next
15. Nike, Inc. is considering a new inventory system that will cost $110,000. The system is expected to generate positive cash flows over the next four years in the amounts of $25,000nin year one , $35,000 in year two, $45,000 in year three , and $30,000 in year four. Nike's rate of return is 8%. What is the net present value of this project to the nearest ten dollars?
a) $930b) -$25,000c) $10,930d) -$1,800
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