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Riordan Manufacturing company is considering replacing machine

16 / 01 / 2019 Research Papers

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Please Help mi this is finance 1 answer below » Riordan Manufacturing company is considering replacing machine. the machine was purchased 6 years ago for $80,000 and has been depreciated straight line over
an 8-year life.the old machine will be sold for a market value of $14,500. the new machine costs $55,000. Assuming a tax rate of 28%, calculate the initial
outlay. A)$38,960 B)$42,040 C)$45,460 D)$51,760 Jan 17 2014 08:33 PM


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