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Market Top Investors, Incorporated, is considering the purchase of a $ 3 3 5 , 0 0 0 computer with an economic life of four
Market Top Investors, Incorporated, is considering the purchase of a $ computer with an economic life of four years. The computer will be fully depreciated over four years using the straightline method, at which time it will be worth $ The computer will replace two office employees whose combined annual salaries are $ The machine will also immediately lower the firms required net working capital by $ This amount of net working capital will need to be replaced once the machine is sold. The corporate tax rate is percent. The appropriate discount rate is percent. Calculate the NPV of this project. Do not round intermediate calculations and round your answer to decimal places, eg
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