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Andover, Inc. is considering a new 4 year expansion project that requires an initiated asset investment of $3 million. The fixed asset will be depreciated
Andover, Inc. is considering a new 4 year expansion project that requires an initiated asset investment of $3 million. The fixed asset will be depreciated straight line to er over its ear taxe, after which time it will have a market value of 5225,000. The project requires an initial investment in not working capital of $330,000, all of which will be recovered at the end of the project. The project is estimated to generate 52.640.000 mannual sales with costs of $1,056.000. The tax rate is percent and the required return for the projecte percent. With not present value for this project! 5681409 51,76,383 5741.35 57422 3744595
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