Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The estimated residual value of the diamond core drill at the end of Year 4 is $450,000 'he value of the drill at value of
The estimated residual value of the diamond core drill at the end of Year 4 is $450,000
'he value of the drill at value of $1 st compound Net: Dakota Minima Comgany tm of of 15%. st dollu diamond drill a eoth of oquit an initial tof $900,000. The ash %tfrnted for tm Net cash Co S300,oco 300,000 275,000 250,000 200,000 100,000 SO,OOO 50,000 Net cub Hydraulic $475,002 4SO,000 aso,ooo 200,000 6% 0843 0.890 0.792 0.705 0.669 0627 0.592 0870 0.756 0.572 a, 497 0.432 0.376 0327 o. 284 0,247 20 % b33 0.694 ms79 0.482 0,402 o. 335 0.279 233 O.L94 r 4 is $4Sd,000. net of the 10 Amount to be Net 0.826 0.751 0.683 0.621 0.564 O.S13 o. 467 O .424 of 0.893 0.797 0.712 0.636 0.567 0.507 0.452 0.361 h equipment should be the and asuming a mlnlmum rate the prt e able required, the HVdraulic Drill
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started