Using the IRR and NPV method calculate and determine if the capital budget project is viable project cost $1.5million, project life 10 years and cost of capital 13%, and annual cash flows of $185,000.

Choose an organization with which she/he is familiar, such as the place of employment, business patronized, or other situation, and describe how that organization either does or does not apply the course concepts on a day-to-day basis.

The following course concepts should be discussed:

-Critical success factors.

-Identify and discuss the fixed and variable costs.

-Calculate the Contribution Margin Income Statement.

-Determine and discuss the most effective costing method for your organization.

-Using the IRR and NPV method calculate and determine if the capital budget project is viable project cost $1.5million, project life 10 years and cost of capital 13%, and annual cash flows of $185,000.

-Provide a recommendation for the organization.

The written paper is to be: typed double–spaced, 1-inch margins, Times New Roman and 12-point font, a 10-page minimum, with correct spelling and grammar, proper citation, references, with a cover page, and organized with headings.

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