How JustAnswer Works:

  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.

Ask Bizhelp Your Own Question

Bizhelp, CPA
Category: Single Problem
Satisfied Customers: 5884
Experience:  BA degree and Certified Public Accountant
Type Your Single Problem Question Here...
Bizhelp is online now
A new question is answered every 9 seconds

your firm is contemplating the purchase of a new $580,000 computer

This answer was rated:

your firm is contemplating the purchase of a new $580,000 computer based order entry system. the system will be depreciated straight line to zero over its five year life. it will be worth $60,000 at the end of that time. you will save $210,000 before taxes per year in order processing costs, and you will be able to reduce working capital by $75,000 (one time reduction). if the tax rate is 35%, what is the IRR for this project?

Thanks for the question.

Please click here to download the Excel solution.

Hope this helps!

If you would like to request me for future posts, please put 'For Bizhelp' at the beginning of them.
Bizhelp and other Single Problem Specialists are ready to help you

Related Single Problem Questions