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You are evaluating two different cookie-baking ovens. The Pillsbury 707 costs $57,500, has a 5-year life, and has an annual OCF (after- tax) of $10,100
You are evaluating two different cookie-baking ovens. The Pillsbury 707 costs $57,500, has a 5-year life, and has an annual OCF (after- tax) of $10,100 per year. The Keebler Cookie Munster costs $90,500, has a 7-year life, and has an annual OCF (after-tax) of $8,100 per year. If your discount rate is 11 percent, what is each machine's EAC? (Negative amounts should be indicated by a minus sign. Round your answers to 2 decimal places.) EAC Pillsbury 707 Keebler Cookie Munster
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