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Piping Hot Food Service (PHFS) is evaluattig a capital budgeting project that costs $60000. The...

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Accounting

Piping Hot Food Service (PHFS) is evaluattig a capital budgeting project that costs $60000. The project is expected to generate after tax cash flows equal to $16000 per year for six years. PHFS's required rate of return is 15 percent..
a.) Compute the projects net present value (NPV). Do not round intermediate calculations. Round your answer to the nearest cent. Use a minus sign to enter a negative value if any
b. Compute the projects internal rate of return (IRR). Round your answer to two decimal pplaces.
c. Should the prroject be purchased?

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