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Mr. Don is the director of A-Design Inc., a federally incorporated company in Canada, specialized in the development and management of armrests for the wheelchairs
Mr. Don is the director of A-Design Inc., a federally incorporated company in Canada, specialized in the development and management of armrests for the wheelchairs industry. A-Design invested $100,000 for a production machine which has an economic life of 10 years and put $10,000 in its bank account. In an attempt to improve company sales and profits, Mr. Don planned to offer two purchasing options to the clients of his company: Option 1: A yearly fee of $500 during 5 years with $250 upfront deposit Option 2: A deposit of $1300 upfront and $300 yearly fee during 3 years Mr. Don is the director of A-Design Inc., a federally incorporated company in Canada, specialized in the development and management of armrests for the wheelchairs industry. A-Design invested $100,000 for a production machine which has an economic life of 10 years and put $10,000 in its bank account. In an attempt to improve company sales and profits, Mr. Don planned to offer two purchasing options to the clients of his company: Option 1: A yearly fee of $500 during 5 years with $250 upfront deposit Option 2: A deposit of $1300 upfront and $300 yearly fee during 3 years
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