Required information For equipment that has a first cost of $19,000, the estimated operating costs and year-end salvage values are as shown. Year |1 Operating Cost, $ Salvage Value, $ -1,000 7,000 -1,200 5,000 -1,300 4,500 14 -2,000 3,000 ||-3,000 2,000 Determine the economic service life ESL, at i= 10% per year using factors. The economic service life ESL, is years with the AW = $-
Required information For equipment that has a first cost of $19,000, the estimated operating costs and year-end salvage values are as shown. Year |1 Operating Cost, $ Salvage Value, $ -1,000 7,000 -1,200 5,000 -1,300 4,500 14 -2,000 3,000 ||-3,000 2,000 Determine the economic service life ESL, at i= 10% per year using factors. The economic service life ESL, is years with the AW = $-
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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