Findell Corporation is considering two projects, A and B, and it has gathered the following estimates for the projects: Project A Project BUseful life 5 years 5 years Present value of cash inflows $84,360 $55,100 Present value of cash outflows $77,000 $49,000 What is the net present value of cash flows for project B?
A. $1,260
B. $6,100
C. $7,360
D. None of these answers are correct.
Answer: B
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