Sigma is thinking of buying a new clam digger for $12,000. The expected net cash flows from
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Sigma is thinking of buying a new clam digger for $12,000. The expected net cash flows from the excavator are $9,000 in year 1, $7,000 in year 2, $5,000 in year 3, and $3,000 in year 4. Should Sigma purchase this excavator if its cost of ownership principal is 8%?
Related Book For
Introductory Financial Accounting for Business
ISBN: 978-1260299441
1st edition
Authors: Thomas Edmonds, Christopher Edmonds
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