Answer to Question #116798 in Finance for dina

Question #116798
The annual fixed cost of an equipment is $160,000, its generating income is
$1,200 per day & its operating cost per day is $240 for 12-hours per day and
300-days maximum per year. At 10% interest & 10years useful life evaluate this
equipment and find its current value.
1
Expert's answer
2020-05-26T10:52:30-0400

Taking into account the specified income and expenses for the year, the profit from the use of equipment will be


10%=0.1





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