New piece of equipment costs 75000 expected to generate


New piece of equipment costs 75000 expected to generate revenues of 25000 per year for five years. Depreciate using the straigline method over its five year life and have a salvage value of 8000. The company has a 35% income tax rate and wants an aftertax return of 12%. The NPV of the equipment is

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Financial Accounting: New piece of equipment costs 75000 expected to generate
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