Machine basic price $58,700 Modification cost $15,000 Salvage value at year 3 $30,000 Net working capital $4,000 Annual cost saving $25,000 Tax rate 34.74% Cost of capital 9.26% With this data what is cash flow 0?
Machine basic price $58,700 Modification cost $15,000 Salvage value at year 3 $30,000 Net working capital $4,000 Annual cost saving $25,000 Tax rate 34.74% Cost of capital 9.26% With this data what is cash flow 0?
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:Machine basic price $58,700 Modification cost $15,000 Salvage value at year 3 $30,000
Net working capital $4,000 Annual cost saving $25,000 Tax rate 34.74% Cost of capital
9.26% With this data what is cash flow 0?
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