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Help fast pls ! The Ajax Corporation has an overhead crane that has an estimated remaining life of 8 years. The crane can be sold
Help fast pls The Ajax Corporation has an overhead crane that has an estimated remaining
life of years. The crane can be sold now for $ If the crane is kept in service, it
must be overhauled immediately at a cost of $ Operating and maintenance costs
will be $ per year after the crane is overhauled. The overhauled crane will have zero
MV at the end of the year study period. A new crane will cost $ will last for
years, and will have a $ MV at that time. Operating and maintenance costs are$
per year for the new crane. The company uses a beforetax interest rate of per
year in evaluating investment alternatives. Should the company replace the old crane?
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