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You are a subcontractor bidding on a contract to provide car batteries to be sold at WalMart stores throughout Ohio for three years. You wish
You are a subcontractor bidding on a contract to provide car batteries to be sold at WalMart stores throughout Ohio for three years. You wish to enter a bid price that makes your NPV exactly $ You have completed Steps of the process explained at the end of the Chapter slides and you find that you need to generate an annual OCF of $ to get exactly NPV Solve for the price per battery that you need to charge using the following information:
Quantity: batteries per year
Variable costs: $ per battery
Fixed costs: $ per year
Tax rate:
Depreciation: $ per year
Enter your answer in dollars and cents.
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