Fink Co. is interested in purchasing a new business vehicle. The vehicle costs $47,000 and will...
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Fink Co. is interested in purchasing a new business vehicle. The vehicle costs $47,000 and will generate delivery revenue of $21,000 for each of the next 6 years. At the end of the 6 years, the vehicle will have a salvage value of $5,400. The tax rate is 21%. Assuming that the vehicle is depreciațed using MACRS 5-year property class, and that Fink Co, uses an after-tax MARR of 10%, compute the PW, and determine whether Fink Co. should purchase the new business vehicle. Click here to access the TVM Factor Table calculator. Click here to access the MACRS-GDS Property Classes. Click here to access the MACRS-GDS percentages page. Click here to access the MACRS-GDS percentages for 27.5-year residential rental property. %24 24730.85 Carry all interim calculations to 5 decimal places and then round your final answer to a whole number. The tolerance is t10. Should Fink Co. purchase the new business vehicle? Fink Co. is interested in purchasing a new business vehicle. The vehicle costs $47,000 and will generate delivery revenue of $21,000 for each of the next 6 years. At the end of the 6 years, the vehicle will have a salvage value of $5,400. The tax rate is 21%. Assuming that the vehicle is depreciațed using MACRS 5-year property class, and that Fink Co, uses an after-tax MARR of 10%, compute the PW, and determine whether Fink Co. should purchase the new business vehicle. Click here to access the TVM Factor Table calculator. Click here to access the MACRS-GDS Property Classes. Click here to access the MACRS-GDS percentages page. Click here to access the MACRS-GDS percentages for 27.5-year residential rental property. %24 24730.85 Carry all interim calculations to 5 decimal places and then round your final answer to a whole number. The tolerance is t10. Should Fink Co. purchase the new business vehicle?
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