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A five-year project has an initial fixed asset investment of $360,000, an initial NWC investment of $40,000, and an annu
Posted: Fri Jul 01, 2022 7:50 am
by answerhappygod
- A Five Year Project Has An Initial Fixed Asset Investment Of 360 000 An Initial Nwc Investment Of 40 000 And An Annu 1 (16.24 KiB) Viewed 31 times
A five-year project has an initial fixed asset investment of $360,000, an initial NWC investment of $40,000, and an annual OCF of - $39,000. The fixed asset is fully depreciated over the life of the project and has no salvage value. If the required return is 12%, what is this project's equivalent annual cost, or EAC? (Negative answer should be indicated by a minus sign. Do not round your intermediate calculations. Round the final answer to 2 decimal places. Omit $ sign in your response.) Equivalent annual cost