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Fox Hollow Franks is looking at a new system with an installed cost of $ 5 4 0 , 0 0 0 . This equipment
Fox Hollow Franks is looking at a new system with an installed cost of $ This equipment is depreciated at a rate of per year Class over the project's fiveyear life, at the end of which the sausage system can be sold for $ The sausage system will save the firm $ per year in pretax operating costs, and the system requires an initial investment in net working capital of $ If the tax rate is and the discount rate is what is the NPV of this project? Do not round your intermediate calculations. Round the final answer to decimal places. Omit $ sign in your
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