A proposed cost - saving device has an installed cost of $ 8 1 0 , 0
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Question:
A proposed costsaving device has an installed cost of $ The device will be used in a fiveyear project but is classified as threeyear MACRS property for tax purposes MACRS schedule The required initial net working capital investment is $ the tax rate is percent, and the project discount rate is percent. The device has an estimated Year salvage value of $ What level of pretax cost savings do we require for this project to be profitable?
Note: Do not round intermediate calculations and round your answer to decimal places, eg
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