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Question 1: Cameroon Corp. manufactures and sells electric staplers for $17.00 each. If 10,000 units were sold in December, and management forecasts 3% growth in sales each month, the dollar amount of electric stapler sales budgeted for February should be:
Option 1: $180,353
Option 2: $191,337
Option 3: $170,000
Option 4: $175,100
Option 5: $185,764
Optimistic Company requires a 18% after tax rate of return. Based on the above information, calculate the net present value of this option.
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