Question: Project Evaluation. Happy Jacks Hot Dogs is looking at a new sausage system with an installed cost of $655 000, This cost will be depreciated
Project Evaluation. Happy Jacks Hot Dogs is looking at a new sausage system with an
installed cost of $655 000, This cost will be depreciated straight-line to zero over the
project's five-year life, at the end of which the sausage system can be scrapped for $85000.
The sausage system will save the firm $183 000 per year in pre-tax operating costs, and the
system requires an initial investment in net working capital of $35000. If the tax rate is 30%
and the discount rate is 8%, what is the NPV of this project?
please help me, no excel pls
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