Question
work in Excel spreadsheet for the solution to the following problem. Ensure that all calculations are performed within Excel. the NPV function for the final
work in Excel spreadsheet for the solution to the following problem. Ensure that all calculations are performed within Excel. the NPV function for the final answer.
Crop Fields is evaluating a new order processing system. The cost of the system is $385,000 which will be depreciated on a straight line basis to zero. This project will run for 5 years. At the end of the project the new order processing system may be sold for $60,000. This order processing system will allow Loper Fields to save two salaried positions/benefits in the amount of $135,000 (pre-tax) each year. This system will require an investment in NWC of $35,000 at the beginning of the project. The firm's tax rate is 21% and the cost of capital is 10%. What is the NPV? please attach or post photo the ExCEL spressheet file. thank you
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