The Cambro Foundation, a nonprofit organization, is planning to invest $104,950 in a project that will last

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The Cambro Foundation, a nonprofit organization, is planning to invest $104,950 in a project that will last for three years. The project will produce net cash inflows as follows:

Year 1 S30,000 Year 2 | $40,000 Year 3


Required:

(Ignore income taxes.) Assuming that the project will yield exactly a 12% rate of return, what is the expected net cash inflow for Year 3?

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Related Book For  answer-question

Managerial Accounting

ISBN: 978-0697789938

13th Edition

Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer

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