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Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | May 2017 |
| Last Sign in: | 402 Weeks Ago, 6 Days Ago |
| Questions Answered: | 66690 |
| Tutorials Posted: | 66688 |
MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Flatte Restaruant is considering the purchase of a $9,100 souffle maker. The souffle maker has an economic life of five years and will be fully depreciated by the straight-line method. The machine will produce 1,550 souffles per year, with each costing $2.20 to make and priced at $4.80. Assume that the discount rate is 12 % and the tax is 35%. What is the NPV of the priject? (Round answer to 2 decimal places) A) NPV = B) Should the company make the purchase? 1) Yes 2) No
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