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Paul Restaurant is considering the purchase of a $9,200 souffl maker. The souffl maker has an economic life of 5 years and will be fully
Paul Restaurant is considering the purchase of a $9,200 souffl maker. The souffl maker has an economic life of 5 years and will be fully depreciated by the straight-line method. The machine will produce 1,600 souffls per year, with each costing $2.40 to make and priced at $4.85. The discount rate is 10 percent and the tax rate is 21 percent. points What is the NPV of the project? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) eBook NPV Print References Should the company make the purchase? No Yes
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