Veroni Ventures a key distributor of Voltic Water and other assorted products is considering investing Ghc335,600 in a project at Kasoa with a five-year life. The project will result in an increase in...

Veroni Ventures a key distributor of Voltic Water and other assorted products is considering investing Ghc335,600 in a project at Kasoa with a five-year life. The project will result in an increase in the company's turnover of Ghc350,000 at additional fixed cost of Ghc110,000 and a variable costs ofGHS150,000.

At the end of the project in five years’ time, the assets will be sold for Ghc35,000. The company's required rate of return is 10%. Assuming you are the financial director of such company how will you determine the Net Present Value of the project of Veroni’s Ventures?