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RichaDuggi13 RichaDuggi13
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A year ago

Haroldsen Corporation is considering a capital budgeting project that would require an initial investment of $350,000. The investment would generate annual cash inflows of $133,000 for the life of the project, which is 4 years. At the end of the project, equipment that had been used in the project could be sold for $32,000. The company’s discount rate is 14%. The net present value of the project is closest to:

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



▸ $214,000

▸ $37,429

▸ $56,373

▸ $406,373
Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
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heathernhullheathernhull
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A year ago
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RichaDuggi13 Author
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A year ago
Thanks for your help!!
annakc
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Yesterday
Thanks
bahajo
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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