Question: Daily Enterpises is puechasing a $10.45 million machine. It will oost $56,651.00 to transport and instal the machine. The machine has a depreciable life of
Daily Enterpises is puechasing a $10.45 million machine. It will oost $56,651.00 to transport and instal the machine. The machine has a depreciable life of the yoarn using the straight-line depreciation and will have no nalvage value. The inachine wili gererate incrementai revenues of 34.37 maion per year along with incremental costs of 51.45 malion per your, Dally's marginal tax rate is 36.00%4. The cont of capital for the fiom is 15.00%. Alfompts Hem iring infichty. (answer in doilars so convert millons to doliars) The project wili nun for 5 years. What is the NPV of the project at the current cost of capical? Answer format: Currency: Round to: 2 decimal places
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