Crane Corp an amusement park is concidering a capital investment in a new exibit would cost $167240 and have a useful life of 7 years. it can be sold for $69200 at the end of that time. It isn't expected to increase net annual cash flows by $26300. The company's borrowing rate is 8%. It cost of capital it 10%. Calculate the net present value of this project to the company and determine if the project is acceptable. Round to 0 decimal points.
Crane Corp an amusement park is concidering a capital investment in a new exibit would cost $167240 and have a useful life of 7 years. it can be sold for $69200 at the end of that time. It isn't expected to increase net annual cash flows by $26300. The company's borrowing rate is 8%. It cost of capital it 10%. Calculate the net present value of this project to the company and determine if the project is acceptable. Round to 0 decimal points.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Crane Corp an amusement park is concidering a capital investment in a new exibit would cost $167240 and have a useful life of 7 years. it can be sold for $69200 at the end of that time. It isn't expected to increase net annual
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