Question
You are evaluating two different cookie-baking ovens. The Pillsbury 707 costs $69,000, has a 5-year life, and has an annual OCF (after tax) of $11,100
You are evaluating two different cookie-baking ovens. The Pillsbury 707 costs $69,000, has a 5-year life, and has an annual OCF (after tax) of $11,100 per year. The Keebler CookieMunster costs $95,500, has a 7-year life, and has an annual OCF (after tax) of $9,100 per year.
| If your discount rate is 13 percent, what is each machines EAC? (Negative amounts should be indicated by a minus sign. Round your answers to 2 decimal places.) |
| Pillsbury 707 | $ |
| Keebler CookieMunster | $ |
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Trade Union Finance
Authors: Marick F. Masters, Raymond Gibney
1st Edition
1032371382, 978-1032371382
