Question
Given the following information: Sales per unit: $80 VC per unit: $25 FC: $1,000,000 Tax rate: 21% Rate: 10% Equipment costs: $800,000 Machine life: 5
Given the following information: Sales per unit: $80 VC per unit: $25 FC: $1,000,000 Tax rate: 21% Rate: 10% Equipment costs: $800,000 Machine life: 5 years Depreciation: straight-line Calculate the equivalent annual cost of the machine. (Round to 2 decimals)
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The Wealthtech Book The FinTech Handbook For Investors Entrepreneurs And Finance Visionaries
Authors: Susanne Chishti, Thomas Puschmann
1st Edition
1119362156, 978-1119362159
