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Help Save & Exit Cori's Dog House is considering the installation of a new computerized pressure cooker for hot dogs. The cooker will increase sales

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Help Save & Exit Cori's Dog House is considering the installation of a new computerized pressure cooker for hot dogs. The cooker will increase sales by $8.600 per year and will cut annual operating costs by $14,700. The system will cost $50,400 to purchase and install. This system is expected to have a 7year life and will be depreciated to zero using straight-line depreciation and have no salvage value. The tax rate is 35 percent and the required return is 12.2 percent What is the NPV of purchasing the pressure cooker? Multiple Choice $29,710 $20.991 $39,506 -51,989 $7.805

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