Question: Do It Review 24-2 Wayne Company is considering a long-term investment project called ZIP. ZIP will require an investment of $128,675. It will have a

Do It Review 24-2

Wayne Company is considering a long-term investment project called ZIP. ZIP will require an investment of $128,675. It will have a useful life of 4 years and no salvage value. Annual cash inflows would increase by $79,400, and annual cash outflows would increase by $40,200. The companys required rate of return is 8%. Click here to view PV table. Calculate the net present value on this project.

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