A 4-year project has an initial investment in fixed assets


A 4-year project has an initial investment in fixed assets equal to $306,600, and initial net working capital investment of $29,200, and an annual operating cash flow of $46,720. The fixed asset is fully depreciated over the life of the project and has no salvage value. The net working capital will be recovered when the project ends. Assuming a required rate of return of 15%, calculate the equivalent annual cost of the project. (Enter a negative value, and round to a whole number)

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Financial Management: A 4-year project has an initial investment in fixed assets
Reference No:- TGS02371026

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