Findell Corporation Is Considering Two Projects, a and B, and It

question 120

Multiple Choice

Findell Corporation is considering two projects, A and B, and it has gathered the following estimates for the projects: $\begin{array}{lcc}&\text {Project A}&\text {Project B}\\\text { Useful life } & 5 \text { Years } & 5 \text { Years } \\\text { Present value of cash inflows } & \$ 84,360 & \$ 55,100 \\\text { Present value of cash outflows } & \$ 77,000 & \$ 49.000\end{array}$ What is the net present value of cash flows for project B?

• A) $7,360
• B) $6,100
• C) $1,260
• D) None of these answers are correct.

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