The Director of Capital Assets Corp. is considering the acquisition of a new high speed photocopy machine.
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Question:
The Director of Capital Assets Corp. is considering the acquisition of a new high speed photocopy machine. The photocopy machine is priced at RM85,000 and would require RM2,000 in transportation costs and RM4,000 for installation. The equipment will have a useful life of 5 years. The proposal will require that Capital Assets Corp. send technician for training at a cost of RM5,000. The firm marginal tax rate is 40 percent. How much is the initial cash outlay of the photocopy machine?
Select one:
a. RM58,600n
b. RM77,000n
c. RM94,000n
d. RM64,000
Related Book For
Focus On Personal Finance
ISBN: 9780077861742
5th Edition
Authors: Jack R. Kapoor, Les R. Dlabay Professor, Robert J. Hughes, Melissa Hart
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