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a construction company considering buying a truck, over it's 5 year life, it'll provide net revenue of $15,000 per at an initial cost of $65,000

a construction company considering buying a truck, over it's 5 year life, it'll provide net revenue of $15,000 per at an initial cost of $65,000 and a salvage value of $20,000. the company pays 35% in taxes, the CCA rate for trucks in 30%, and the after taxes MARR is 12%.

what is the annual cost or worth of this purchase ?

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Question 54 Tries remaining: 3 Marked out of 12.00 Problem 2 A construction company is considering the purchase of a truck. Over its five-year life, it will provide net revenues of $15 000 per year at an initial cost of $65 000 and a salvage value of $ 20 000. The company pays 35 percent in taxes, the CCA rate for trucks is 30 percent, and the after-tax MARR is 12 percent. What is the annual cost or worth of this purchase? P Flag question Answer: Check

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