Using only the factors provided in this table below (do not use excel, a scientific calculator, know the correct factor to use) Interest is 6% per period Periods FV of $1 1.0600 1.1236 1 2 3 4 5 1.1910 1.2625 1.3382 PV of $1 .9434 8900 .8396 7921 7473 FVA of $1 2.0600 3.1836 4,3746 5.6371 6.9753 PVA of $1 0.9434 1.8334 2.6730 3.4651 4.2124 Fowler Company is considering a project that has estimated annual net cash flows of $17,760 for three years and is estimated to cost $26,440. The salvage value at the end of project is expected to be $5,050. Fowler's cost of capital is 6 percent. The net present value of the project is $ (If the net present value is negative, indicate by placing a- afore the number DO NOT use parenthesis (). Example if your answer is negative, indicate as -1,000.
Using only the factors provided in this table below (do not use excel, a scientific calculator, know the correct factor to use) Interest is 6% per period Periods FV of $1 1.0600 1.1236 1 2 3 4 5 1.1910 1.2625 1.3382 PV of $1 .9434 8900 .8396 7921 7473 FVA of $1 2.0600 3.1836 4,3746 5.6371 6.9753 PVA of $1 0.9434 1.8334 2.6730 3.4651 4.2124 Fowler Company is considering a project that has estimated annual net cash flows of $17,760 for three years and is estimated to cost $26,440. The salvage value at the end of project is expected to be $5,050. Fowler's cost of capital is 6 percent. The net present value of the project is $ (If the net present value is negative, indicate by placing a- afore the number DO NOT use parenthesis (). Example if your answer is negative, indicate as -1,000.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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