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9 votes
9 votes
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 rate 18% What is the net present value of the investment

User Aaron Brewer
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1 Answer

13 votes
13 votes

Answer:

i think $420,000

Step-by-step explanation:

User Visahan
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