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


Consider the financial statement data and stock price data for Mydeco Corp. Suppose Mydeco had purchased addiconal equipment for $12 milion at the end of 2015 and this equipmant was depreciated by 54 million per year in 2016, 2017, and 2018. Given Mydeco's tax rate of 35\%, what impact would this noditional purchase have had on Mydeco's net inoome in years 2015-2018?: (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 decimal place.) Mydeco's net income in years 20
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