Question: Hey guys can you please help me in this problem I'm really confused thanks Fleet Fleet rental car company purchased 10 new cars for a

 Hey guys can you please help me in this problem I'm

Hey guys can you please help me in this problem I'm really confused thanks

really confused thanks Fleet Fleet rental car company purchased 10 new cars

Fleet Fleet rental car company purchased 10 new cars for a total cost of $180,000. The cars generated income of $150,000 per year and incurred operating expenses of $60,000 per year. The company uses MACRS depreciation and its marginal tax rate is 28% (Note: Per IRS regulations, cars have a class life of 5 years). The 10 cars were sold at the end of the third year for a total of $75,000. Assuming a MARR of 10% and using NPW, determine if this was a good investment on an after-tax basis

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