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Wridhoek Mines, Limited, of Namitie, is contemplating the purchest of ecuioment to expioit a mineral...

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Accounting

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Wridhoek Mines, Limited, of Namitie, is contemplating the purchest of ecuioment to expioit a mineral deposit on land to wetich the the nssocinted with opening and operating a mine in the areet TRecerpts from sales of orp. less pit-on.pocket costs for mataries, itiales, frarance and so forth The mineral deposit would be exhacoted aftet four yeors of mining. At that point, the working capital would be released tor reirivestmerit eisewhere the companys requiced rete of return is 1ew Required: a. What is the net present value of the proposed ntivinj oropect? t. Should the project bel accepted? Complete this question by entering your answers in tive tahs below. What is the net present value of the proposed mining profect? (Enter fegative amount with a menus sign. Hound your fial answer to the nearest whole dolitor anounti.)

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