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can you please help me maprox Homework Seved The Ste Marie Division of Pacific Media Corporation just started operations. It purchased depreciable assets costing $40
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maprox Homework Seved The Ste Marie Division of Pacific Media Corporation just started operations. It purchased depreciable assets costing $40 million and having a four-year expected life, after which the assets can be salvaged for $8 milion. In addition, the division bas $40 million in assets that are not depreciable. After four years, the division will have $40 milion available from these nondepreciable assets. This means that the division has invested $80 million in assets with a salvage value of $48 million. Annual depreciation is $8 milion. Annual operating cash flows are $28 million Depreciation is computed on a straight-line basis, recognizing the salvage values noted. Ignore taxes. Assume that the division uses beginning of year asset values in the denominator for computing ROI Required: 9. & b. Compute ROI, using net book value and gross book value (Enter your answers as a percentage rounded to 1 decimal place (i.e., 32.1).) Year 1 Year 2 Year 3 Year 4 ROI Net Book Value Gross Book Value % % % % % % % Step by Step Solution
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