Question: Bob designed a face shield for front line health workers. The new product is expected to gain 1 5 0 0 0 0 in revenue

Bob designed a face shield for front line health workers. The new product is expected to gain 150000 in revenue l. The projects life cycle is five years. He will invest $60,000 in a 3D printer with a salvage value of $5054.43. He anticipates an additional increase in working capital of $50,000 which he will recover at the end of the project. The projected annual revenues are $150,000 with annual operating expenses of $130,000. The required rate of return is 10%.

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