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GOLIVE SHOPIFY Facebook a ECX Screenshot Box ECX-E-commerce S GoLiveNotes.com os 9 Must Have Che Saved CH10 Making Capital Decisions assignment 3 10 4

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GOLIVE SHOPIFY Facebook a ECX Screenshot Box ECX-E-commerce S GoLiveNotes.com os 9 Must Have Che Saved CH10 Making Capital Decisions assignment 3 10 4 points A proposed cost-saving device has an installed cost of $760,000. The device will be used in a five-year project but is classified as three-year MACRS property for tax purposes. (MACRS schedule) The required initial net working capital investment is $65,000, the marginal tax rate is 25 percent, and the project discount rate is 8 percent The device has an estimated Year 5 salvage value of $100,000. What level of pretax cost savings do we require for this project to be profitable? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Pretax cost savings eBook Fint

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