principles finance managerial

Project Description:

cushing corporation is considering the purchase of a new grading machine to replace the existing one. the existing machine was purchased 3 years ago at an installed cost of $20,000; it was been depreciated under macrs using a 5-year recovery period. the existing machine is expected to have a usable life of at least 5 more years. the new machine costs a $35,000 and requires $5,000 in installation costs; it will be depreciated using a 5-year recovery period under macrs. the existing machine can currently be sold for $25,000 without incurring any removal or cleanup costs. the firm’s subject to a 40% tax rate. calculate the initial investment associated with the proposed purchase of a new grading machine.
Skills Required:
Project Stats:

Price Type: Negotiable

Expired
Total Proposals: 8
1 Current viewersl
7 Total views
Project posted by:

Proposals

Proposals Reputation Price offered
  • 4.8
    546 Jobs 386 Reviews
    $0 in 0 Day
  • 5.0
    44 Jobs 43 Reviews
    $0 in 0 Day
  • 4.0
    5 Jobs 4 Reviews
    $0 in 0 Day
  • 0.0
    0 Jobs 0 Reviews
    $0 in 0 Day
  • 4.9
    73 Jobs 54 Reviews
    $0 in 0 Day