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If the discount rate is 16 percent, what is the net present value of the grill ? Johnny's Lunches is considering purchasing a new, energy-eficient

If the discount rate is 16 percent, what is the net present value of the grill ?
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Johnny's Lunches is considering purchasing a new, energy-eficient grill. The grill will cost $24,000 and will be depreciated straight-line over 6 years to a salvage value of zero. The grill will have no effect on revenues, but will save Johnny's $20,000 in energy expenses. The tax rate is 32 percent. What are the operating cash flows in years 1 to 6 ? Enter your answer below. Correct response: 14,8801 If the discount rate is 16 percent, what is the net present value of the grill? Use the correct value for operating cash flow. Enter your answer below

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