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please help me with this question as do not know 1. A Truck is purchased for $200,000 and is planned to have an operating life
please help me with this question as do not know
1. A Truck is purchased for $200,000 and is planned to have an operating life of 8 years working 5,000 hours per year. What is the hourly owning cost of this machine, assuming the company requires a 12% return on investment, using a) The average investment method b) The equivalent lease cost methodStep by Step Solution
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