Question: We have been requested by a large retailer to submit a bid for a new point - of - sale credit checking system. The system
We have been requested by a large retailer to submit a bid for a new pointofsale credit checking system. The system would be installed, by us in stores per year for three years. We would need to purchase $ worth of specialized equipment. This will be depreciated at a CCA rate. We will sell it in three years, at which time it will be worth about half of what we paid for it Labour and material cost to install the system is about $ per site. Finally, we need to invest $ in working capital items. The relevant tax rate is What price per system should we bid if we require a return on our investment? Do not round intermediate calculations. Round the final answer to decimal places. Omit $ sign in your response.
Bid price $
per system
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