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The new decals would cost $15,000 per location or $2,955,000 for all 197 locations and will result in an annual return of $985,000 due to
The new decals would cost $15,000 per location or $2,955,000 for all 197 locations and will result in an annual return of $985,000 due to a decrease in liability claims. The decals have no salvage value at the end of their seven (7) year life span. The income tax rate is 40 percent. The executive officers will want to see all the calculations in responding to the following:
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