Question: Consider the financial statement data and stock price data for Mydeco Corp. Suppose Mydeco hed purchased additional equipment for $12 milion at the and of

Corp. Suppose Mydeco hed purchased additional equipment for $12 milion at the

and of 2015 and it is equipment was depreciated by $4 milison

per year in 2016, 2017, and 2018. Given Mydoco's tax rate of

Consider the financial statement data and stock price data for Mydeco Corp. Suppose Mydeco hed purchased additional equipment for $12 milion at the and of 2015 and it is equipment was depreciated by $4 milison per year in 2016, 2017, and 2018. Given Mydoco's tax rate of 35\% what impact wodd this addifional purchase tave had on Mydeco's net income in yean 2015- 201a? (Assume the equipment is paid for out of cash and that Mydeco earns no interote en it cash balancos.) Click the icon to view the financial statement and stock price data. Calculate the new net income below. (Round to one decirral place.) Consider the financial statement data and stock price data for Mydeco Corp. Suppose Mydeco had gurchased addiboral equipment for $12 millon at the and of 2015 and tis equipmani was (Assume the equipment is paid for out of cash and that Mydeco eams no interest on its cash balances) Click the icon to view the financial statement and stock price data. Calculate the new net income below. (Round to one secimal place.) 2014-2018 Financial Statement Data and Stock Price Data for Mydeco Corp. (All data as of fiscal year end; in \$ millions)

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