Sheridan Corp. management is planning to spend $650,000 on a new marketing campaign. They believe that this action will
Posted: Fri Jul 01, 2022 7:46 am
Sheridan Corp. management is planning to spend $650,000 ona new marketing campaign. They believe that this action will resultin additional cash flows of $323,000 each year for threeyears. If the discount rate is 17.5 percent, what is the NPV onthis project? (Enter negative amounts usingnegative sign e.g. -45.25. Do not round discount factors. Roundother intermediate calculations and final answer to 0 decimalplaces, e.g. 1,525.)