Question: See Table 2 . 5 , LOADING... , showing financial statement data and stock price data for MydecoMydeco Corp. Suppose MydecoMydeco had purchased additional equipment
See Table LOADING... showing financial statement data and stock price data for MydecoMydeco Corp. Suppose MydecoMydeco had purchased additional equipment for $ million at the end of and this equipment was depreciated by $ million per year in and Given MydecoMydeco's tax rate of what impact would this additional purchase have had on MydecoMydeco's net income in years to Assume the equipment is paid for out of cash and that MydecoMydeco earns no interest on its cash balances.Question content area bottomPart Calculate the new net income below:Round to one decimal place.millionsNet Income$ Additional Depreciation$ Tax Savings$ New Net Income$
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