a new household-use laser-guided
Question description
Please help me solve this.
| We project unit sales for a new household-use laser-guided cockroach search and destroy system as follows: |
| Year | Unit Sales |
| 1 | 99,000 |
| 2 | 111,000 |
| 3 | 134,000 |
| 4 | 140,000 |
| 5 | 93,000 |
| The new system will be priced to sell at $455 each. |
| The cockroach eradicator project will require $1,800,000 in net working capital to start, and total net working capital will rise to 15 percent of the change in sales. The variable cost per unit is $325, and total fixed costs are $2,100,000 per year. The equipment necessary to begin production will cost a total of $20 million. This equipment is mostly industrial machinery and thus qualifies for CCA at a rate of 20 percent. In five years, this equipment will actually be worth about 20 percent of its cost. |
| The relevant tax rate is 35 percent, and the required return is 19 percent. Based on these preliminary estimates, what is the NPV of the project? (Round your intermediate calculations and final answer to 2 decimal places. (e.g., 32.16)) |
WHAT OUR CURRENT CUSTOMERS SAY
- Google
- Sitejabber
- Trustpilot
Zahraa S
Absolutely spot on. I have had the best experience with Elite Academic Research and all my work have scored highly. Thank you for your professionalism and using expert writers with vast and outstanding knowledge in their fields. I highly recommend any day and time.
Stuart L
Thanks for keeping me sane for getting everything out of the way, I’ve been stuck working more than full time and balancing the rest but I’m glad you’ve been ensuring my school work is taken care of. I'll recommend Elite Academic Research to anyone who seeks quality academic help, thank you so much!
Mindi D
Brilliant writers and awesome support team. You can tell by the depth of research and the quality of work delivered that the writers care deeply about delivering that perfect grade.
Samuel Y
I really appreciate the work all your amazing writers do to ensure that my papers are always delivered on time and always of the highest quality. I was at a crossroads last semester and I almost dropped out of school because of the many issues that were bombarding but I am glad a friend referred me to you guys. You came up big for me and continue to do so. I just wish I knew about your services earlier.
Cindy L
You can't fault the paper quality and speed of delivery. I have been using these guys for the past 3 years and I not even once have they ever failed me. They deliver properly researched papers way ahead of time. Each time I think I have had the best their professional writers surprise me with even better quality work. Elite Academic Research is a true Gem among essay writing companies.
Got an A and plagiarism percent was less than 10%! Thanks!
Consider Your Assignments Done
“All my friends and I are getting help from eliteacademicresearch. It’s every college student’s best kept secret!”
Jermaine Byrant
BSN
“I was apprehensive at first. But I must say it was a great experience and well worth the price. I got an A!”
Nicole Johnson
Finance & Economics
See Why Our Clients Hire Us Again And Again!
OVER
Reviews
RATING
4.89/5
Average
YEARS
13
Mastery
Success Guarantee
When you order form the best, some of your greatest problems as a student are solved!
Reliable
Professional
Affordable
Quick