Question: Answer with Excel functions Problem #9 The Green Fiddle is considering a project that will produce sales of $87,000 a year for the next 4

$Answer with Excel functions Problem \#9 The Green Fiddle is considering$

Answer with Excel functions

Problem \#9 The Green Fiddle is considering a project that will produce sales of $87,000 a year for the next 4 years. The profit margin is estimated at 6 percent. The project will cost $90,000 and will be depreciated straightline to a book value of zero over the life of the project. The firm has a required accounting return of 11 percent. Should the project be rejected and why

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