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Question 31 1 pts Ridgeview Development Co. is considering replacing some of its aging equipment with new, more efficient equipment. The new equipment is estimated
Question 31 1 pts Ridgeview Development Co. is considering replacing some of its aging equipment with new, more efficient equipment. The new equipment is estimated to reduce operating costs by $150,000 per year, and depreciation expense would increase by $25,000 per year. If Ridgeview's tax rate is 25%, what annual savings would Ridgeview incur (net of taxes)? $118,750 $131,250 $125,000 $175,000
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