(Appendix 13A)Monson Company is considering three investment opportunities with cash flows as described below: (Ignore income taxes in this problem. ) 
Required:
Calculate the net present value of each project assuming Monson Company uses a 12% discount rate.
Definitions:
Constant Returns
A situation in economics where increasing the scale of production does not affect the long-run average cost of production, implying it remains constant.
Initial Plant Sizes
The original capacity or scale of a facility when it first begins operations.
Purely Competitive
Characterizes a theoretical market structure emphasizing perfect competition, where numerous small firms face no barriers to entering or exiting the market.
Long Run
A period in which all inputs, including capital, are variable, allowing firms to adjust all factors of production.
Q10: (Appendix 13B)To determine the effect of income
Q62: (Appendix 11A)Which of the following would be
Q68: What would the annual cost of additional
Q70: Selected data about Pitkin Company's manufacturing operations
Q73: What was the labour efficiency variance for
Q78: (Appendix 12A)Dresser Company uses time and material
Q85: (Appendix 12A)The absorption costing approach to cost-plus
Q88: Sally Smith is employed in the production
Q96: Borden Enterprises uses standard costing.For the month
Q105: Segmented statements for internal use should be