What the net present value of investment for turner company

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Turner Company has gathered the following data on a proposed investment project:

Investment                           Annual cash flows               Salvage value               Life of the equipment           Required rate of return

in depreciable equipment                                                          of equipment

$225,000                                 $40,000                          $0                                   15 years                            8%

The company uses straight-line depreciation on all equipment.

Problem A. The net present value of this investment is

Reference no: EM132950303

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