Question: Commodity Copper is considering the installation of a $ 1 , 6 5 6 , 0 0 0 production conveyor system that would generate the
Commodity Copper is considering the installation of a $ production conveyor system that would generate the following labor cost savings over its year life:Years Annual Labor Cost Savings$a The system will have no salvage at the end of its year life, and the company uses a discount rate of percent. What is the pretax net present value of this potential investment?Note: Round your final answer to the nearest whole dollar; use a negative sign to indicate a negative net present value.$b Should the company make this investment based on the results of part a
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