If a tracked dozer is used about 1,500 hours per year. It cost $500,000 new and has a useful life of 15,000 hours. Estimated salvage value after 15,000 hours of use is $95,000. Minimum attractive rate of return is 10%.What is the estimated hourly ownership cost for the dozer?

Answer rating: 100% (QA)

To calculate the estimated hourly ownership cost for the dozer we need to consider the initial cost ... View the full answer