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Findell Corporation is considering two projects, A and B, and it has gathered...

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Accounting

Findell Corporation is considering two projects, A and B, and it has gathered the following estimates for the projects:

Project A Project B
Useful life 5 years 5 years
Present value of cash inflows $ 84,400 $ 56,400
Present value of cash outflows $ 77,000 $ 51,000

What is the net present value of cash flows for project B?

Multiple Choice

  • $560

  • None of these answers are correct.

  • $6,660

  • $5,400

Answer & Explanation Solved by verified expert
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