Question: Check 1 Problem 14-18 (Algo) Net Present Value Analysis (L014-2) 04:35 32 Oakmont Company has an opportunity to manufacture and sell a new product for

 Check 1 Problem 14-18 (Algo) Net Present Value Analysis (L014-2) 04:35

Check 1 Problem 14-18 (Algo) Net Present Value Analysis (L014-2) 04:35 32 Oakmont Company has an opportunity to manufacture and sell a new product for a four-year period. The company's discount rate is 17%. After careful study, Oakmont estimated the following costs and revenues for the new product $ 165,000 $67.900 $ 10.000 $ 13,800 Cost of equipment needed Working capital needed Overhaul of the equipment in year two Salvage value of the equipment in four years Annual revenues and costs: Sales revenues Variable expenses Fixed out-of-pocket operating costs $ 320,000 $ 155,000 5 77.000 When the project concludes in four years the working capital will be released for investment elsewhere within the company Click here to view Exhibit 143-1 and Exhibit:148-2, to determine the appropriate discount factors) using tables. Required: Calculate the net present value of this investment opportunity. (Round your final answer to the nearest whole dollar amount.) Net procent value

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