Question: Moving to another question will save this response. aestion 29 The Sawyer Company has $80,000 to invest and is considering two different projects, X and

 Moving to another question will save this response. aestion 29 The

Moving to another question will save this response. aestion 29 The Sawyer Company has $80,000 to invest and is considering two different projects, X and Y. The following data are available on the projects: Project Project Y Cost of equipment needed now $80,000 - Working capital investment needed now -0- $80,000 Annual cash operating inflows over 5 years 23,000 18,000 Salvage value of equipment in 5 years 6,000 Both projects have a life of 5 years. At the end of 5 years, the working capital will be released for use elsewhere. Sawyer's required rate of return is 12%. Ignore taxes The net present value of project is a $15,114 b. $(15,114) c$30,280 d I should have memorized the tables

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