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Wriston Company has $360,000 to invest. The company is trying to decide between two alternative uses of the funds. The alternatives are as follows:
Cost of equipment required $ 360,000 $ 0
Working capital investment required $ 0 $ 360,000
Annual cash inflows $ 97,000 $ 76,000
Salvage value of equipment in eleven years $ 38,000 $ 0
Life of the project 11 years 11 years
The working capital needed for project B will be released for investment elsewhere at the end of eleven years. Wriston Company uses a 15% discount rate. (Ignore income taxes.)
Calculate net present value for each project.
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in a minimum 200 word response describe some ways how the public has responded to the october 2001 usa patriot act. has
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Calculate the total indirect manufacturing costs for December from the information given above.
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