Multiple Choice
The initial cost of one customized machine is $675,000 with an annual operating cost of $14,800,and a life of 4 years.The machine will be worthless and replaced at the end of its life.What is the equivalent annual cost of this machine if the required rate of return is 14.5 percent and we ignore taxes?
A) $249,797.41
B) $240,008.02
C) $248,841.99
D) $247,647.78
E) $251,610.29
Correct Answer:
Verified
Correct Answer:
Verified
Q88: For next year,By-Way has projected sales of
Q89: Walks Softly currently sells 14,800 pairs of
Q90: For the current year,Peter's Boats has sales
Q91: Champion Toys just purchased some MACRS 5-year
Q92: A project will increase annual sales by
Q93: Tech Enterprises is considering a new project
Q94: Camille's Café is considering a project that
Q95: Schroeder Electronics is considering a project which
Q96: Which one of these is an example
Q97: A cost that has already been paid,or