Pls help me to solve below homework : A Phellx Mining company is trying to decide whether it should purchase or lease a new mobile rusher. if purchased, the mobile crusher will cost $150,000 and is expected to have a $55,000 salvage value after 6 years. If the mobile crushed is purchased, It will be leased to mining companies whenever possible, an activity that is expected to yield revenues of $12,000 per year. Alternatively, the company con lease a mobile crusher for only $20,000 per year, but the lease payment will have to be made at the beginning of each year. If the company's MARK is 15% per year, should the mobile crusher be purchased or leased based on a future worth analysis? Assume that the annual lig&O awns. same
Pls help me to solve below homework :
A Phellx Mining company is trying to decide whether it should purchase or lease a new mobile rusher. if purchased, the mobile crusher will cost $150,000 and is expected to have a $55,000 salvage value after 6 years. If the mobile crushed is purchased, It will be leased to mining companies whenever possible, an activity that is expected to yield revenues of $12,000 per year. Alternatively, the company con lease a mobile crusher for only $20,000 per year, but the lease payment will have to be made at the beginning of each year. If the company's MARK is 15% per year, should the mobile crusher be purchased or leased based on a future worth analysis? Assume that the annual lig&O awns. same.
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