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I need the answer as soon as possible A project is being considered which would involve a capital expenditure of $500,000 on equipment. The annual
I need the answer as soon as possible
A project is being considered which would involve a capital expenditure of $500,000 on equipment. The annual running costs and benefits would be as follows. $ $ 450,000 Revenues Costs Depreciation Other 100,000 300,000 400,000 50,000 Profit The equipment would have a five-year life, and no residual value, and would be financed by a loan at 12% interest per annum. Using annualised figures, assess whether the project is a worthwhile undertaking. Ignore risk and taxationStep by Step Solution
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