Use the information below to answer the following question(s).Wet Water Company drills residential and commercial wells.The company is in the process of analyzing the purchase of a new drill.Information on the proposal is provided below:
Note: Other than the initial investment, cash flows are end of period.The working capital is returned at the end of the investment period.
-What is the net present value for the Wet Water Company's new drill?
A)$96,000
B)$1,722.83
C)$12,651.05
D)$23,579.26
E)$34,507.48

Question

Use the information below to answer the following question(s).Wet Water Company drills residential and commercial wells.The company is in the process of analyzing the purchase of a new drill.Information on the proposal is provided below:
  Note: Other than the initial investment, cash flows are end of period.The working capital is returned at the end of the investment period.
-What is the net present value for the Wet Water Company's new drill?
A)$96,000 
B)$1,722.83 
C)$12,651.05 
D)$23,579.26 
E)$34,507.48

Quizplus · Accepted Answer

The Answer of Use the information below to answer the following question(s).Wet Water Company drills residential and commercial wells.The company is in the process of analyzing the purchase of a new drill.Information on the proposal is provided below:
  Note: Other than the initial investment, cash flows are end of period.The working capital is returned at the end of the investment period.
-What is the net present value for the Wet Water Company's new drill?
A)$96,000 
B)$1,722.83 
C)$12,651.05 
D)$23,579.26 
E)$34,507.48

Use the Information Below to Answer the Following Question(s)