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Your firm is contemplating the purchase of a new $666,000computer-based order entry system. The system will be depreciatedstraight-line to zero over its 5-year life. It will be worth$64,800 at the end of that time. You will be able to reduce workingcapital by $90,000 (this is a one-time reduction). The tax rate is33 percent and your required return on the project is 17 percentand your pretax cost savings are $191,700 per year.Requirement 1:What is the NPV of this project?$-44,325.31 $-43,411.39 $-47,981.01 $-47,067.09$-45,696.20Requirement 2:What is the NPV if the pretax cost savings are $266,250 peryear?$119,811.66 $110,683.15 $117,529.53 $108,401.02$114,106.34Requirement 3:At what level of pretax cost savings would you be indifferentbetween accepting the project and not accepting it?$236,424.95 $223,668.78 $186,677.98 $213,017.88$202,366.99