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Chauhan Restaurant is considering the purchase of a souffle maker that costs $ 1 0 , 9 0 0 . The souffle maker has an
Chauhan Restaurant is considering the purchase of a souffle maker that costs $ The souffle maker has an economic life of years and will be fully depreciated by the straightline method. The machine will produce souffls per year, with each costing $ to make and priced at $ The discount rate is percent and the tax rate is percent. What is the NPV of the project? Do not round intermediate calculations and round your answer to decimal places, eg
Answer is complete but not entirely correct.
NPV
$ X
Should the company make the purchase?
No
Yes
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