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You are considering purchasing a CNC machine which costs $150,000. This machine will have an estimated service life of 13 years with a net after-tax
You are considering purchasing a CNC machine which costs $150,000. This machine will have an estimated service life of 13 years with a net after-tax salvage value of $15,000. Its annual after-tax operating and maintenance costs are estimated to be $60,000. To expect an 19% rate of return on investment, what would be the required minimum annual after-tax revenues? Click the icon to view the interest factors for discrete compounding when i = 19% per year. The required minimum annual after-tax revenues would be thousand. (Round to one decimal place.)
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