Sunland Manufacturing is considering investing in a new truck that will be used to deliver its custom-made
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Sunland Manufacturing is considering investing in a new truck that will be used to deliver its custom-made furniture. Edward Shop, Controller, is considering a truck which will cost $92,800 and has a useful life of 5 years. The new truck will save $11,136 per year in operating costs which are realized at end of year. He believes that the new truck could be sold for $74,820 at the end of its useful life. Sunland's required rate of return is 12%.
Related Book For
International Marketing And Export Management
ISBN: 9781292016924
8th Edition
Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr
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