What is the bid price? Need to produce 5 modified trucks per year for...
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What is the bid price? Need to produce 5 modified trucks per year for 4 years We can buy the truck platforms for $10,000 each Facilities will be leased for $24,000 per year Labour and material costs are $4,000 per truck Need $60,000 investment in new equipment, depreciated at 20% (CCA class 8) Expect to sell equipment for $5,000 at the end of 4 years Need $40,000 in net working capital Tax rate is 43.5% Required return is 20%
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