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Bartlett Car Wash Co. is considering the purchase of a new facility. It would allow Bartlett to increase its net income by $113,307 per year.
Bartlett Car Wash Co. is considering the purchase of a new facility. It would allow Bartlett to increase its net income by $113,307 per year. Other information about this proposed project follows: |
Initial investment | $ | 522,150 | |
Useful life | 10 | years | |
Salvage value | $ | 53,000 | |
Assume straight line depreciation method is used.
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