choose from multiple choice

You plan to submit a bid for a 5-year contract. To complete the project, you will need $250,500 worth of fixed assets that will be depreciated straight-line to zero over the life of the project and then salvaged for 54,300 . You will need $73,900 for net working cupital at the start of the project, with the entire amount recoverable at the end of the project. If your costs for this contract will run $87,000 annually, and you face a 21 percent tax rate, what is the minimum annual value you can bid for this contract and still retum 20 percent in nominal terms? $192,290.64 $191,12232 $201,444,66 $196,867.65 You plan to submit a bid for a 5-year contract. To complete the project, you will need $250,500 worth of fixed assets that will be depreciated straight-line to zero over the life of the project and then salvaged for 54,300 . You will need $73,900 for net working cupital at the start of the project, with the entire amount recoverable at the end of the project. If your costs for this contract will run $87,000 annually, and you face a 21 percent tax rate, what is the minimum annual value you can bid for this contract and still retum 20 percent in nominal terms? $192,290.64 $191,12232 $201,444,66 $196,867.65