Question: please solve without excel calculation Dog Up! Franks is looking at a new sausage system with an installed cost of $374,400. This cost will be
Dog Up! Franks is looking at a new sausage system with an installed cost of $374,400. This cost will be depreciated straight-line to zero over the project's 7-year life, at the end of which the sausage system can be scrapped for $57.600. The sausage system will save the firm $115,200 per year in pretax operating costs, and the system requires an initial investment in net working capital of $26,880. If the tax rate is 24 percent and the discount rate is 10 percent, what is the NPV of this project
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