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Home Q & A Board Other Fields Homework Help Business Accounting
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8 years ago
Tampa Corporation is considering an investment proposal that will require an initial outlay of $804,000 and would yield yearly cash inflows of $200,000 for nine years. The company uses a discount rate of 10%. What is the NPV of the investment?   
Present value of an ordinary annuity of $1:

   8%   9%   10%
1   0.926   0.917   0.909
2   1.783   1.759   1.736
3   2.577   2.531   2.487
4   3.312   3.24   3.17
5   3.993   3.89   3.791
6   4.623   4.486   4.355
7   5.206   5.033   4.868
8   5.747   5.535   5.335
9   6.247   5.995   5.759

A) $402,000
B) $347,800
C) $350,000
D) $251,667
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
Authors:
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Deprecated Author
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#2
8 years ago
Makes perfect sense, thx
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#3
4 years ago
don't take the bait
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#4
4 years ago
thank you
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#5
4 years ago
thank you
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