Question
You are considering purchasing a CNC machine which costs $179000. This machine will have an estimated service life of 8 years with a net after-tax
You are considering purchasing a CNC machine which costs $179000. This machine will have an estimated service life of 8 years with a net after-tax salvage value of $17000. Its annual after-tax operating and maintenance costs are estimated to be $54000. To expect an 15% rate of return on investment, what would be the required minimum annual after-tax revenues?
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Essentials Of Investments
Authors: Zvi Bodie, Alex Kane, Alan J. Marcus
12th Edition
1260772160, 978-1260772166
