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Dog Up! Franks is looking at a new sausage system with an installed cost of $455,000. This cost will depreciated straight-line to zero over
Dog Up! Franks is looking at a new sausage system with an installed cost of $455,000. This cost will depreciated straight-line to zero over the project's five4jear life, at the end of which the sausage system be scrapped for $65,000. The sausage system will save the firm S235,OOO per year in pretax operati costs, and the System requires an initial investment in net working capital of $24,000. If the tax rate is percent and the discount rate is 10 percent, What is the NPV Of this project? (DO not round intermedi calculations and round your final answer to 2 decimal places. (e.g., 32.16)) e
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