A Garage Is Installing a New "Bubble-Wash" Car Wash

question 22

Multiple Choice

A garage is installing a new "bubble-wash" car wash.It will promote the car wash as a fun activity for the family,and it is expected that the novelty of this approach will boost sales in the medium term.If the cost of capital is 10%,what is the net present value (NPV) of this project?

• A)-$214,525
• B)-$145,283
• C)$76,607
• D)$108,306
• E)$86,167

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Definitions:

Groupthink

A psychological phenomenon where the desire for harmony and conformity within a group results in irrational or dysfunctional decision-making.

Fault Lines

Divisions or boundaries that emerge within groups or teams based on demographic, cultural, or organizational differences that can affect unity and performance.

Norms

Set of unwritten rules or expectations that dictate the behavior of individuals within a group, society, or culture.

Norms

Shared rules or standards that govern behaviors within a group or society.