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please round to 2 decimals Coris Dog House is considering the installation of a new computerized pressure cooker for hot dogs. The cooker will increase
please round to 2 decimals
Coris Dog House is considering the installation of a new computerized pressure cooker for hot dogs. The cooker will increase sales by $10,100 peryear and wit eut annuat oporating costs by $11,750. The now system witl also prompt a $4,900 increase in net working capital, The system will cost $60,200 to purchase and install. This systern is expected to have a 4 -year life and will be deprecialed to zero using straight-line depreciation and have no salvage value. The tax rate is 21 percent and the required retum is 10.5 percent. What is the NPV of purchasing the pressure cooker? OCF=$CF0=$CF4=$NPV= Step by Step Solution
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