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You are considering purchasing a CNC machine which costs $190,000. This machine will have an estimated service life of 12 years with a net after-tax
You are considering purchasing a CNC machine which costs $190,000. This machine will have an estimated service life of 12 years with a net after-tax salvage value of $19,000. Its annual after-tax operating and maintenance costs are estimated to be $43,000. To expect an 20% rate of return on investment what would be the required minimum annual after-tax revenues? The required minimum annual after-tax revenues would be $ thousand
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