Moates Corporation has provided the following data concerning an

0
(0)

Moates Corporation has provided the following data concerning an investment project that it is considering:

Initial investment$ 380,000 
Annual cash flow$ 133,000per year
Expected life of the project4years
Discount rate13% 

Click here to view Exhibit 12B-1 and Exhibit 12B-2, to determine the appropriate discount factor(s) using the tables provided.

The net present value of the project is closest to: (Round your intermediate calculations and final answer to the nearest whole dollar amount.)

Multiple Choice

$380,000

$15,542

$(247,000)

$(15,542)

It’s that simple.Pay only when you are satisfied.

Get Personalized Homework Help

Improve Your Grades Today
How It Works

1-Send us your Assignment requirements, attach and deadline for submission.

2-You will get a confirmation from us with a price quote.Pay us and be relax.

3-Your Completed task will be e mailed to you before agreed time.

Submit Your Assignment/Essay/Discussion/Term Paper/Final Exam or CaseStudy Detail

    Available 24/7!

    Send your academic problems,

    Get instant Help only at Writerscampus!

    How useful was this post?

    Click on a star to rate it!

    Leave a Reply

    Your email address will not be published. Required fields are marked *