Question
A machine costs $80,000, and requires $20,000 in maintenance annually over its three-year life. After three years, the salvage value will be zero. The machine
A machine costs $80,000, and requires $20,000 in maintenance annually over its three-year life. After three years, the salvage value will be zero. The machine has a CCA rate of 30%. Assuming a tax rate of 34% and a discount rate of 10%, what is the equipment's equivalent annual cost?
|
| -$53,667 |
|
| -$2,374 |
|
| -$32,905 |
|
| -$61,964 |
|
| -$37,539 |
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A Reformulation Of Keynesian Economics
Authors: Jagdish Handa
1st Edition
9814616095,9814616117
