If a company has a 16% discount rate, how do you use this for coming up with the net present value of a product with an initial investment of 170000?
initial investment $170,000
the sales revenue is $250,000
variable expenses is $120,000
depreciation expense $34,000
fixed out-of-pocket expense $70,000
What is the net present value of this product?
Answer Net Present Value = -Initial Investment + PV of Annual Cash... View the full answer