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Show me the steps to solve: LMN Co . is considering a four - year project to improve its production efficiency. Buying a new machine
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LMN Co is considering a fouryear project to improve its production efficiency. Buying a new machine for $ is estimated to result in $ in annual pretax cost savings. The press falls in the MACRS fiveyear class, and it will have a salvage value at the end of the project of $ The press also requires an initial investment in spare parts inventory of $ along with an additional $ in inventory for each succeeding year of the project, with full recovery at the end of year If the shop's tax rate is percent and its discount rate is percent, what is the NPV Use exact MACRS numbers in Table page of text. Answer in $ to two decimals. The MACRS numbers are attached in the screenshot.
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Please explain step by step and how this number was the final answer. Thank you. Requesting No Excel, just step by step calculation. I use financial calculato
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