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Question3 2 pts http:/Lyoutu.be/AUpkbnvh5jM A company has new equipment costs of $2 million, which will be depreciated to zero using straight-line depreciation over 8 years.
Question3 2 pts http:/Lyoutu.be/AUpkbnvh5jM A company has new equipment costs of $2 million, which will be depreciated to zero using straight-line depreciation over 8 years. The company expecis to bring in revenues of $6 million per year for 8 years with production costs of $1.5 million per year. If the company's tax rate is 22%, what are the incremental earnings (not cash flows) of this project in years 1-8? Enter your answer in dollars and round to the nearest dollar. Question3 2 pts http:/Lyoutu.be/AUpkbnvh5jM A company has new equipment costs of $2 million, which will be depreciated to zero using straight-line depreciation over 8 years. The company expecis to bring in revenues of $6 million per year for 8 years with production costs of $1.5 million per year. If the company's tax rate is 22%, what are the incremental earnings (not cash flows) of this project in years 1-8? Enter your answer in dollars and round to the nearest dollar
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