A company is considering a project that is expected to generate cost savings. The project...
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Accounting
A company is considering a project that is expected to generate cost savings. The project would require the purchase of an asset for $1,600,000. Assume the following: Present Value of Salvage Value = $80,000; PVCCATS = $300,000; Present Value of After-tax Savings = $1,300,000. What is the NPV for the project?
Do not round intermediate calculations. Round the final answer to 2 decimal places.
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