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Nikolay [14]
3 years ago
13

johnson wholesale corporation has purchased a new piece of equipment for $644,000, with $46,000 of that total being costs for in

stallation. after discussions with its accounting firm the company plans to depreciate the installation costs straight-line over 5 years. the cost of capital is 7.5% and the tax rate is 22%. rounded to the nearest dollar, what is the present value of the cost of the equipment?
Business
1 answer:
Rainbow [258]3 years ago
6 0

Googe it there may already be a answer

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