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Swifty Inc. is contemplating the purchase of an asset costing $51000 which will provide cost savings of $16000 in year 1,$18000 in year 2 and
Swifty Inc. is contemplating the purchase of an asset costing $51000 which will provide cost savings of $16000 in year 1,$18000 in year 2 and $24000 in year 3 . The asset will have a salvage value of $5300. The company's required rate of return is 10%. The company uses straight-line depreciation. $689. $34. $416
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