Question
Suncoast Food Centers has provided the following information with regard to the purchase of equipment. Acquisition cost of equipment $500,000 Useful life 5 years Salvage
Suncoast Food Centers has provided the following information with regard to the purchase of equipment. |
Acquisition cost of equipment $500,000
Useful life 5 years
Salvage value at end of useful life 0
Annual income generated by asset $150,000
(before deducting depreciation)
The following is the accelerated depreciation schedule of the equipment
Year Depreciation
1 $200,000
2 120,000
3 72,000
4 54,000
5 54,000
Total $500,000
(PLEASE ASSIT WITH ANSWERING THE QUESTION BELOW.. THANKS)
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Using the information provided above, complete the table given below. If there is a loss, leave the ROI column blank. (Round your "ROI" percentage answers to 1 decimal places (i.e., .1234 should be entered as 12.3).)
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