Question: Question 15 4 pts We are evaluating a project that costs $988,000, has a 9-year life, and has no salvage value Assume that depreciation is
Question 15 4 pts We are evaluating a project that costs $988,000, has a 9-year life, and has no salvage value Assume that depreciation is straight-line torero over the life of the project. Sates are projected at 110,012 units per year Price per unit is $46, variable cost per unit is $26, and wed costs are $929.000 per year. The tax rate is 37% and we require a 12 % return on this project Suppose the projection plven for price, quantity, variable costs and fixed costs are all accurate to within 14 percent What is the best-case NPV? (Round answer to 2 decimal places. Do not round intermediate calculation)
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