Question
NEED HELP WITH QUESTION 2: PLEASE SHOW HOW YOU GOT CALCULATION 1. The firm is looking to expand its operations by 10% of the firm's
NEED HELP WITH QUESTION 2: PLEASE SHOW HOW YOU GOT CALCULATION
1. The firm is looking to expand its operations by 10% of the firm's net property, plant, and equipment. (Calculate this amount by taking 10% of the property, plant, and equipment figure that appears on the firm's balance sheet.)
ANSWER: $36,766 * 1.10 = $40,442.60
2. The estimated life of this new property, plant, and equipment will be 12 years. The salvage value of the equipment will be 5% of the property, plant and equipment's cost.
Apple Inc is the firm I'm using and the property, plant, and equipment value is $36,766
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