Juliar Inc. has provided the following data concerning a proposed investment project: ...
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Accounting
Juliar Inc. has provided the following data concerning a proposed investment project:
Initial investment
$
320,000
Life of the project
14 years
Annual net cash inflows
$
49,000
Salvage value
$
39,000
The company uses a discount rate of 11%.
Click here to view Exhibit 13B-1 and Exhibit 13B-2 to determine the appropriate discount factor(s) using tables.
Required:
Compute the net present value of the project. (Negative amount should be indicated by a minus sign. Round discount factor(s) to 3 decimal places, intermediate and final answers to the nearest dollar amount. Omit the "$" sign in your response.)
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