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Author Question: Forise Water Company drills small commercial water wells. The company is in the process of analyzing ... (Read 52 times)

CORALGRILL2014

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on: Mar 6, 2021
Forise Water Company drills small commercial water wells. The company is in the process of analyzing the purchase of a new drill. Information on the proposal is provided below.
 Initial investment:
Asset$700,000
Working capital$188,000
 Operations (per year for four years):
Cash receipts$530,000
Cash expenditures$240,000
 Disinvestment:
Salvage value of drill (existing)$120,000
Discount rate18%

What is the net present value of the investment? Assume there is no recovery of working capital.
◦ -$188,000
◦ $12,100
◦ $290,000
◦ $200,100
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
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Marked as best answer by CORALGRILL2014 on Mar 6, 2021

Ksanderson1296

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Reply #1 on: Mar 6, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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CORALGRILL2014

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Reply 2 on: Mar 6, 2021
Great answer, keep it coming :)

amynguyen1221

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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