Current Attempt in Progress Cullumber is contemplating a capital project costing $31346. The project will provide annual cost savings of $12000 for 3 years and have a salvage value of $2000. The company's required rate of return is 10%. The company uses straight-line depreciation. Year 1 2 3 Present Value PV of an Annuity of 1 at 10% of 1 at 10% 0.909 0.826 0.751 This project is 0.909 1.736 2.487 O unacceptable because it has a negative NPV. O acceptable because it has a zero NPV. unacceptable because it earns a rate less than 10%. O acceptable because it has a positive NPV. E Save for Later Last saved 1 second ago. Saved work will be auto-submitted on the due date. Auto-submission can take up to 10 minutes. Attempts: 0 of 1 used Submit Answer

Cullumber is contemplating a capital project costing $31346. The project will provide annul cost savings of $12000 for 3 years and have a salvage value of $2000. The company's required rate of return is 10%. The companyuses straght-Ene depreciation Thisproject is unacceptable becare it has a netive NpP. acceptable becarne ithas a zero NPV. unacceptablebecase it earm a rate less than 10% acceptable becaneithas a ponitive NPV. Lautsarod 1 iecond yew. Attempes of of 1 used Saved wark will be sutoisubmitted on the due date Auto submision ican take up to 10 minutes