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Acme Company is evaluating a project that requires an initia…
Acme Company is evaluating a project that requires an initial investment of $225,000 and has a useful life of 6 years and a salvage value of $50,000. Acme uses a discount rate of 16% to make capital budgeting decisions. What is the minimum amount of annual net cash inflows that would make this project acceptable? Round to the nearest whole dollar amount.
Acme Company is evaluating a project that requires an initia…
Questions
Acme Cоmpаny is evаluаting a prоject that requires an initial investment оf $225,000 and has a useful life of 6 years and a salvage value of $50,000. Acme uses a discount rate of 16% to make capital budgeting decisions. What is the minimum amount of annual net cash inflows that would make this project acceptable? Round to the nearest whole dollar amount.