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Shunt Technology will spend $80,000 on a piece of equipment that will manufacture fine wire for the electronics industries. The shipping and installation charges will
Shunt Technology will spend $80,000 on a piece of equipment that will manufacture fine wire for the electronics industries. The shipping and installation charges will be $24,000 and net working capital will increase $4,800. The equipment will replace an existing machine that has a salvage value of $7,500 and a book value of $12,500. If Shunt has a current marginal tax rate of 34 percent, what is the net investment
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