(Ignore income taxes in this problem.)Mattice Corporation is considering investing $440,000 in a project.The life of the project would be 5 years.The project would require additional working capital of $34,000,which would be released for use elsewhere at the end of the project.The annual net cash inflows would be $123,000.The salvage value of the assets used in the project would be $49,000.The company uses a discount rate of 11%.
Required:
Compute the net present value of the project.

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The Answer of (Ignore income taxes in this problem.)Mattice Corporation is considering investing $440,000 in a project.The life of the project would be 5 years.The project would require additional working capital of $34,000,which would be released for use elsewhere at the end of the project.The annual net cash inflows would be $123,000.The salvage value of the assets used in the project would be $49,000.The company uses a discount rate of 11%.
Required:
Compute the net present value of the project.

(Ignore Income Taxes in This Problem