Hsung Company accumulates the following data concerning a proposed capital investment: cash cost $175,846, net annual cash flows $37,300, and present value factor of cash inflows for 10 years is 5.02 (rounded). (If the net present value is negative, use either a negative sign preceding the number eg-45 or parentheses eg (45).) Determine the net present value, and indicate whether the investment should be made. Net present value $ The investment be made.

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Hsung Company accumulates the following data concerning a proposed capital investment: cash cost $175,846, net annual cash flows $37,300, and present value factor of cash inflows for 10 years is 5.02 (rounded). *(If the net present value is negative, use either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)*

Determine the net present value, and indicate whether the investment should be made.

- Net present value: [Text input box]
- The investment [Dropdown list] be made.

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Transcribed Image Text:Hsung Company accumulates the following data concerning a proposed capital investment: cash cost $175,846, net annual cash flows $37,300, and present value factor of cash inflows for 10 years is 5.02 (rounded). *(If the net present value is negative, use either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)* Determine the net present value, and indicate whether the investment should be made. - Net present value: [Text input box] - The investment [Dropdown list] be made. Diagrams or graphs are not present in the image.
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