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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Citrus Company is considering a project that has estimated annual net cash flows of $31,950 for five years and is estimated to cost $150,000. CitrusAc€?cs cost of capital is 14 percent.
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Determine the net present value of the project. (Future Value of $1, Present Value of $1, Future Value Annuity of $1, Present Value Annuity of $1.) (Use appropriate factor(s) from the tables provided. Negative amount should be indicated by a minus sign. Round your final answers to 2 decimal places.)
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