Joe Sixpack Inc. is considering an investment that will cost is $400,000. The investment is...
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Accounting
Joe Sixpack Inc. is considering an investment that will cost is $400,000. The investment is expected to return the following cash flows, discounts at 8%
Year 0 ($400,000) initial investment
Year 1 $140,000
Year 2 120,000
Year 3 100,000
Year 4 80,000
Year 5 80,000
Year 6 50,000
Year 7 0 end of project.
Using net present Value (NPV) analysis, should Joe Sixpack undertake this project? Please calculate the overall projected Net Present Value for the project.
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