What is the net present value if the cost of capital

Kim Johnson purchased an asset for $75,500. Annual operating cash inflows are expected to be $30,000 each year for four years. At the end of the asset life, Kim will not be able to sell the asset because it will have no salvage value.

Required
What is the net present value if the cost of capital is 12 percent (ignore income taxes)? If required, round to the nearest whole dollar.

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: What is the net present value if the cost of capital
Reference No:- TGS0702912

Expected delivery within 24 Hoursrs