Bryson Sciences is planning to purchase a high-powered microscopy machine for $ 381,000 and incur an additional $ 31,700 in installation expenses. It is replacing older microscopy equipment that can be sold for $ 117,000, resulting in taxes from a gain on the sale of $ 42,600. Because of this transaction, current assets will increase by $ 11,000 and current liabilities will increase by $ 5,400. Calculate the initial investment in the high-powered microscopy machine.!
Bryson Sciences is planning to purchase a high-powered microscopy machine for $ 381,000 and incur an additional $ 31,700 in installation expenses. It is replacing older microscopy equipment that can be sold for $ 117,000, resulting in taxes from a gain on the sale of $ 42,600. Because of this transaction, current assets will increase by $ 11,000 and current liabilities will increase by $ 5,400. Calculate the initial investment in the high-powered microscopy machine.!
Chapter9: Capital Budgeting And Cash Flow Analysis
Section: Chapter Questions
Problem 10P
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Bryson Sciences is planning to purchase a high-powered microscopy machine for $ 381,000 and incur an additional $ 31,700 in installation expenses. It is replacing older microscopy equipment that can be sold for $ 117,000, resulting in taxes from a gain on the sale of $ 42,600. Because of this transaction, current assets will increase by $ 11,000 and current liabilities will increase by $ 5,400. Calculate the initial investment in the high-powered microscopy machine.!
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