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Polytechnic State University Sanluis Jan-2006 - Nov-2010
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Category > Business & FinancePosted 13 May 2017My Price8.00
You are considering purchasing a new injection molding machine
You are considering purchasing a new injection molding machine. This machine will have an estimated service life of 10 years with a negligible after-tax salvage value. Its annual net after-tax operating cash flows are estimated to be $60,000. If you expect a 15% rate of return on investment, what would be the maximum amount that you should spend to purchase the injection molding machine?