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Salmon Treats wants to upgrade their canning conveyor belt at a cost of 2 8 8 , 0 0 0 . Their old one will
Salmon Treats wants to upgrade their canning conveyor belt at a cost of Their old one will be donated to a local technical school. The new belt system is expected to have a four year life and be sold for $ at the end of its useful life. The belt is expected to lower costs by $ each year as well as increase production and sales by $ each year. Their working capital is not expected to change much. The required rate of return is What is the net present value of this investment?
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