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Please help out with this finance question. Thank you very much. Builtrite is considering purchasing a new machine that would cost $60 000 and the

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Please help out with this finance question. Thank you very much.

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Builtrite is considering purchasing a new machine that would cost $60 000 and the machine would be depreciated ( straight line ) down to $0 over its five year life . At the end of five years it is believed that the machine could be sold for $18 000 . The machine Would increase E BDT by $24 000 annually . Builtrite's marginal tax rate is 349 . What the RATECF's associated with the purchase of this machine ? $21 808 $23 524 $19 920 $17 810

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