present value versus accounting renderings This is a continuation of problem 8 above. Assume, for book purposes,
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present value versus accounting renderings This is a continuation of problem 8 above. Assume, for book purposes, that Ralph uses straight line depreciation. Also assume the 5,000 modification and training expenditure will be expensed in the first year. Prepare a series ofproforma statements that detail incremental book ineome over the next 4 years ifthis expansion proposal is implemented.
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