Question: can u ans this ? Bill plans to open a do-it-yourself dog bathing centre in a storefront. The bathing equipment will cost $ 160,000. Bill

can u ans this ? Bill plans to open a do-it-yourself

can u ans this ?

Bill plans to open a do-it-yourself dog bathing centre in a storefront. The bathing equipment will cost $ 160,000. Bill expects the after-tax cash inflows to be $40,000 annually for seven years, after which he plans to scrap the equipment and retire to the beaches of Jamaica. Assume the required return is 15%. What is the project's Pl? Should it be accepted? a. 1.04; yes O b. 1.04; no O c. 1.00; indifferent O d. 0.88; yes O e. 0.88; no

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