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Lakeside Winery is considering expanding its winemaking operations. The expansion will require new equipment costing $ 7 0 4 , 0 0 0 that would
Lakeside Winery is considering expanding its winemaking operations. The expansion will require new equipment costing $ that would be depreciated on a straightline basis to zero over the year life of the project. The equipment will have a market value of $ at the end of the project. The project requires $ initially for net working capital, which will be recovered at the end of the project. The operating cash flow will be $ a year. What is the net present value of this project if the relevant discount rate is percent and the tax rate is percent?
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