A dozer costs $145,000 to purchase and has a useful life of 6 years with a...
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A dozer costs $145,000 to purchase and has a useful life of 6 years with a salvage value of $15,000. Assume that MARR is 11%. How much should the company charge per hour to recover the cost of the investment if the dozer will operate 1,200 hours/year. A dozer costs $145,000 to purchase and has a useful life of 6 years with a salvage value of $15,000. Assume that MARR is 11%. How much should the company charge per hour to recover the cost of the investment if the dozer will operate 1,200 hours/year.
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The company should charge 154 45 per hour to recover the cost of the investment To calculate ... View the full answer
Related Book For
Intermediate Accounting principles and analysis
ISBN: 978-0471737933
2nd Edition
Authors: Terry d. Warfield, jerry j. weygandt, Donald e. kieso
Posted Date:
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