Question: please do on excel and show functions please 5. A company is considering buying a new machine for one of its factories. The cost of
5. A company is considering buying a new machine for one of its factories. The cost of the machine is $60,000, and its expected lifespan is 6 years. The machine will save the cost of a worker estimated at $22,500 annually. The net book value of the machine at the end of year 5 is $10,000. However, the company estimates that the market value will be only $5,000. Calculate the NPV of purchasing the machine if the discount rate is 12%, the tax rate is 30%, and assume straight-line depreciation over the 6-year life of the machine. (10 points)
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