Question: please help me, show work, and highlight the correct answer. thanks!!! A project has estimated annual net cash flows of $15,000 for three years and

please help me, show work, and highlight the correct answer. thanks!!!

A project has estimated annual net cash flows of $15,000 for three years and is estimated to cost $37,500. Assume a minimum acceptable rate of return of 15%. Use the Present Value of an Annuity of $1 at Compound Interest table below. Present Value of an Annuity of $1 at Compound Interest Year 6% 10% 12% 15% 20% 1 0.943 0.909 0.893 0.870 0.833 2 1.833 1.736 1.690 1.626 1.528 3 2.673 2.487 2.402 2.283 2.106 4 3.465 3.170 3.037 2.855 2.589 5 4.212 3.791 3.605 3.353 2.991 6 4.917 4.355 4.111 3.785 3.326 7 5.582 4.868 4.564 4.160 8 6.210 5.335 4.968 4.487 3.605 3.837 4.031 4.192 9 6.802 5.759 5.328 4.772 10 7.360 6.145 5.650 5.019 Determine (a) the net present value of the project and (b) the present value index. If required, use the minus sign to indicate a negative net present value. Net present value of the project (round to the nearest dollar) -3,255 Present value index (rounded to two decimal places) 0.91

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

ars ess The Brod Tools the properto entreprise en troductory The better with pore The masse smyyn, omstret In maleng capital structure decision, matargers must manage the following leverage for...

Net Present Value A project has estimated annual net cash flows of $77,000 for eight years and is estimated to cost $277,734. Assume a minimum acceptable rate of return of 20%. Use the Present Value...

Net Present Value 2.402 3.037 A project has estimated annual net cash flows of $8,750 for nine years and is estimated to cost $50,000. Assume a minimum acceptable rate of return of 12%. Use the...

eBook Show Me How Calculator Cash Payback Period A project has estimated annual net cash flows of $24,500. It is estimated to cost $98,000. Determine the cash payback period. If required, round your...

JUNUWETU * Untitled document - GoogX O ) HE STOLE KENNEDY TRX G fast and furious - Google + .com/ilm/takeAssignment/takeAssignment Main.do?invoker-assignments&takeAssignmentSessionLocators. e. @ O...

Are these correct ? please only correct me if It's wrong Equivalent Units of Production: Weighted average method Units of production data for the two departments of Atlantic Cable and Wire Company...

Accounting #1 Accounting #2 (Please answer both questions!) Average Rate of Return Determine the average rate of return for a project that is estimated to yield total income of $334,800 over six...

eBook Show Me How Net Present Value A project has estimated annual net cash flows of $8,750 for three years and is estimated to cost $45,000. Assume a minimum acceptable rate of return of 15%. Use...

PLEASE HELP AND SHOW WORK, please highlight answers, THANK YOU!! 13. 14. 15. 16. 17. Direct Labor Variances Bellingham Company produces a product that requires 3 standard direct labor hours per unit...

PLEASE HELP AND SHOW WORK, please highlight answers, THANK YOU!! 14 Net Present Value A project has estimated annual net cash flows of $5,000 for two years and is estimated to cost $30,000. Assume a...

Wanda's Widgets used market surveys and linear regression to develop a demand function based on the wholesale price. The demand function is q = -140p + 9,000. The expense function is E = 2.00q +...

________: the lowest rate of interest charged by banks for short-term loans to their most creditworthy customers. Group of answer choices Simple Interest Rate Prime Interest Rate

The first scenario will be a Verbal Judo scenario in which your scenario follows the standard Verbal Judo interaction: You need to ask somebody to modify their behavior either to do something or to...

evaluate and draft recruitment and selection policies and procedures

understand the role of human resource managers and line managers in the recruitment and selection process

2. Why are there so few female engineers compared to male engineers and what can the engineering sector do to encourage females to take up a career in engineering?