Question: Current Attempt in Progress Kingbird Company is considering a longterm investment project called ZIP. ZIP will require an investment of $138,000. It will have a
Current Attempt in Progress Kingbird Company is considering a longterm investment project called ZIP. ZIP will require an investment of $138,000. It will have a useful life of four years and no salvage value. Annual cash inflows would increase by $80.200, and annual cash outfows would increase by $38,100 in addition, the company's required rate of return is 91. . Click here to view the facter table. (a) Calculate the net present value on this project. Of the answer is negotive, use either a negative sian preceding the number eg - 5.275 or parentheses eg (5,275). For colculation purposes, use 5 decimal places as displayed in the factor table provided, eg. 1.25124 and final answer to 0 decimal ploces, es. 5,275.) Net present value 5 Identify whether the project should be accepted or rejected. The project should be (b) Calculate the internal rate of return on this project. (Round answer to 1 decimal ploce, eg. 5.201) Internal rate of return Identify whether the project should be accepted or rejected. The project should be eTextbook and Media
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