A project capitalized for P50,000 invested in depreciable assets will earn a uniform annual income of P19,849
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A project capitalized for P50,000 invested in depreciable assets will earn a uniform annual income of P19,849 in 10 years. The costs of operation and maintenance total P9,000a year, taxes and insurance will cost 4% of the first cost each year. If the company expects its capital to earn 12% before income taxes, is the investment worthwhile? Justify you answer.
Related Book For
Real Estate Finance and Investments
ISBN: 978-0073377339
14th edition
Authors: William Brueggeman, Jeffrey Fisher
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