Multiple Choice
Wable Inc. has provided the following data to be used in evaluating a proposed investment project: 
For tax purposes, the entire initial investment without any reduction for salvage value will be depreciated over 5 years. The company uses a discount rate of 16%.
-When computing the net present value of the project, what are the annual after-tax cash expenses?
A) $94,000
B) $193,700
C) $44,700
D) $104,300
Correct Answer:
Verified
Correct Answer:
Verified
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