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proof WITHOUT sheet THANKS!!!! Think Now Corp is planning to make an investment that will cost $175,000.00 that would last for 8 years. The investment
proof WITHOUT sheet THANKS!!!!
Think Now Corp is planning to make an investment that will cost $175,000.00 that would last for 8 years. The investment will be amortized on a straight-line bases over that period. Earnings generated by the investment before amortization and taxes over this period are as follows: Year 12 $40,000 Year 2- $42,000+ Year 34 $45,000- Year 40 $50,000- Year 52 $55,000- a. Think Now has a 25% tax rate, what is the average annual return for this project? 2 + b. Should the project be accepted? C. What criteria would you use to accept or decline the project?.+Step by Step Solution
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