Your answer is partially correct. Sheridan Company is considering a long-term investment project called ZIP. ZIP...
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Your answer is partially correct. Sheridan Company is considering a long-term investment project called ZIP. ZIP will require an investment of $126,000. It will have a useful life of 4 years and no salvage value. Annual cash inflows would increase by $79,200, and annual cash outflows would increase by $38,900. The company's required rate of return is 10%. Click here to view the factor table. Calculate the net present value on this project. (If the net present value is negative, use either a negative sign preceding the number eg 45 or parentheses eg (45). Round present value answer to O decimal places, e.g. 125. For calculation purposes, use 5 decimal places as displayed in the factor table provided.) Net present value: Whether this project should be accepted? The project should be accepted 1420 SUP Your answer is partially correct. Sheridan Company is considering a long-term investment project called ZIP. ZIP will require an investment of $126,000. It will have a useful life of 4 years and no salvage value. Annual cash inflows would increase by $79,200, and annual cash outflows would increase by $38,900. The company's required rate of return is 10%. Click here to view the factor table. Calculate the net present value on this project. (If the net present value is negative, use either a negative sign preceding the number eg 45 or parentheses eg (45). Round present value answer to O decimal places, e.g. 125. For calculation purposes, use 5 decimal places as displayed in the factor table provided.) Net present value: Whether this project should be accepted? The project should be accepted 1420 SUP
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