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how do you find salvage value? $ 1 Chapter 7: Applying Excel 2 3 Data 4. Example E 5 Cost of equipment needed Working capital

image text in transcribed how do you find salvage value?

$ 1 Chapter 7: Applying Excel 2 3 Data 4. Example E 5 Cost of equipment needed Working capital needed 7 Overhaul of equipment in four years 8 Salvage value of the equipment in five years Annual revenues and costs: 10 Sales revenues 11 Cost of goods sold 12 Out-of-pocket operating costs 13 Discount rate 150,000 55,000 15,000 40,000 $ $ $ 365,000 270,000 55,000 14 % $

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