Ingrid Co. is considering a new inventory system that will cost $420,000. The system is expected to
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Question:
Ingrid Co. is considering a new inventory system that will cost $420,000. The system is expected to generate $150,000 in year one, $275,000 in year two, $110,000 in year three, and $150,000 in year four. Ingrid's required rate of return is 12%. The net present value (NPV) of this project is closest to__
A. $150,310
B. $135,780
C. $95,760
D. $106,780
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