Question: this answer is incorrect. please help me find the right one. please use and show work in excel. thank you. Avignon Restaurant is considering the

this answer is incorrect. please help me find the right one. please use and show work in excel. thank you.

Avignon Restaurant is considering the purchase of a $9,500 souffl maker. The souffle maker has an economic life of five years and will be fully depreciated by the straight-line method. The machine will produce 1,750 souffls per year, with each costing $2.50 to make and priced at $5.00. Assume that the discount rate is 12 percent and the tax rate is 25 percent. What is the NPV of the project? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) NPV $ -9,305.02

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Required information (The following information applies to the questions displayed below.) Built-Tight is preparing its master budget for the quarter ended September 30. Budgeted sales and cash...

Please help me answer the following question and use excel for the formulas because I am using this information to write a paper. The company is Starbucks and I am trying to learn this on my own but...

check the answer which i did wrong and help me change the right answer 4 points each. Show all work. No Blanks. Full credit for correct answers and work shown. credit for incorrect answers and work...

Can someone please check my tables for accuracy, and tell me if questions 1 - 5 are correct, if something is incorrect please help. thanks As you know from Project 4, (no you don't know from the new...

Managerial Decision Making Six Decision Stages in Chapter 5 I. Identify and Diagnose the Problem Consider the following questions when identifying and diagnosing the problem: Is there a difference...

Please read carefully, all necessary information is attached, need to show work let me know if there is something missing. Microsoft word can be used thanks. You are Cindy, completing the analysis...

Purpose of Case In practice, accountants frequently encounter problems in which they do not know the answer.Textbooks are intended to introduce a topic, not to provide all the details necessary to...

Hello, please help with the following problem. Show calculation with explanation step by step. Thank you. Note: no need to convert to dollars. use PKR currency unit. Part 4 is decisions to be made....

Please help with step by step instructions on your answers. Thank you. EXCEL INDEPENDENT PROJECT - BREAK EVEN ANALYSIS This project is not found in your book. Use what you have learned so far in the...

please show me the breakdown how to get this answer. Per my excel sheet, it should be 231,122.33 or 114779.06 or 115,159.02. HOWEVER, all three of those are incorrect. please help Saved Help Week 5....

Estimate the compressive strength of the concrete using average rebound number. Considering the average rebound number, discuss the quality of concrete.

Company C has a production capacity of 1,000 units per day. Currently, the company sells its production capacity for 5 per unit. At this price, all production capacity gets booked about one week in...

One of the steps in the personal financial planning process is to gather relevant information. This includes which one of the following? Question 7 options: Developing personal financial statements...

If the following join statement is used to join two tables in a query, which of the following tables would all of the tuples in the relation appear in results? left join university.students on...