Question: Please help solve asap :( Gateway Communications is considering a project with an initial fied assets cost of $1.56 malion that will be depreciated straight

Gateway Communications is considering a project with an initial fied assets cost of $1.56 malion that will be depreciated straight line to a zero book value over the 9year Me of the project. At the end of the project the equipment will be told for an estimated $239.000. Fhe project will not change sales but will reduce operating costs by $397,000 per yeat. The tax rate is 25 percent and the required return is 11.4 percent. The project wit requie $51,500 in net working capital, which will be recouped when the project ends. What is the project's NPV? Multiple Cnoice $392,126 5320.836 $367,429 Muttiple Choice $382,126 $320,836 $367,429 $394,863 $335.420
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