A machine costs $1,000, has a three-year life, and has an estimated salvage value of $100. It will generate after-tax annual cash flows (ACF) of $600 a year,
starting next year. If your required rate of return for the project is 10%, what is the NPV of this investment? (Round your answer to the nearest $10.)
A) $490
B) $570
C) $900
D) -$150
Answer: B
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The trucking firm hired by your transportation manager provides a trucking service between the city of Sacramento and the surrounding towns on a regular schedule and at fixed prices
The trucking firm saves transportation costs by transporting the goods using trains as well as trucks, instead of trucks alone. Your transportation manager has hired a(n) ________. A) airship carrier B) airtruck carrier C) trainship carrier D) fishyback carrier E) piggyback carrier
Geographic information systems enable retailers to easily scan a wide variety of potential locations
Indicate whether the statement is true or false
Answer the following statement(s) true (T) or false (F)
1. All products go through the product life cycle. 2. Although sales peak during the maturity stage in the product life cycle, profits decline. 3. The product life cycle for any product is fixed and cannot be extended. 4. Redesigning a product to provide additional features or benefits is a type of functional modification designed to extend the product life cycle. 5. The run out strategy gradually eliminates the product without any change in the marketing strategy.
As defined in the textbook, the generic systems development life cycle consists of the following three phases:
A) requirements, design, and implementation. B) definition, construction, and implementation. C) specifications, development, and installation. D) feasibility analysis, testing, and maintenance.