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Using Excel - Please provide a model income statement impact of replacing rent payments with depreciation expense, including a basic ROI model. Monthly rental expense
Using Excel - Please provide a model income statement impact of replacing rent payments with depreciation expense, including a basic ROI model. Monthly rental expense is $40,593.75. To purchase the equipment out right, it costs $2,055,600, has a 10 year straight line depreciation amount of $205,560/month. Other amounts needed can be assumed.. Just looking for the appropriate excel formulas. Thank you!
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