Question

Note: -
You are attempting question 12 out of 12
The TinX Corp. is investing in a machine which will increase the quality of their product.
The initial investment in the machine is $800,000. The life of the machine is 4 years.
The
machine will be depreciated using the straight-line method. The annual sales will be
$400,000, the annual fixed cost will be $50,000, and the annual variable cost will be 10%
of the sales. If the required rate of return is 12% and corporate tax rate is 30%, what is the
net present value
of the project.
Calculate the net present value of the project.
(A) The net present value of the project is S323,819.26
(B) The net present value of the project is $41,345.77
(C) The net present value of the project is -$465,891.57
(D) The net present value of the project is $141,578.30​

Answer 1

Answer:

(c)

Explanation:

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