Question: cure I https// Jrls https%3A%2F ek 3 Assignment Help Save & Exit Submlt 4 Your firm is contemplating the purchase of a new $615,000 computer-based
cure I https// Jrls https%3A%2F ek 3 Assignment Help Save & Exit Submlt 4 Your firm is contemplating the purchase of a new $615,000 computer-based order entry system. The systern will be depreciated straight-line to zero over its five-year life. It will be worth $67000 at the end of that time. You will save $245.000 before taxes per year in order processing costs, and you will be able to reduce working capital by $82,000 (this is a one-time reduction) If the tax rate is 30 percent, what is the IRR for this project? (Do not round intermediate calculations. Enter your enswer as a percent rounded to 2 decimal places, e.g., 32.16.) Prev 40,6 Next >
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