Calculating the minimum annual after tax revenue per year
Question # 00794223
Posted By:
Updated on: 02/15/2021 12:23 PM Due on: 02/15/2021
Calculating the minimum annual after tax revenue per year
You are considering purchasing a CNC machine which costs $120,000. This machine will have an estimated life of 9 years with a net after tax salvage of $12,000. Its annual after tax operating and maintenance costs are estimated to be $46,000. To expect an 16% rate of return, what would be the required minimum annual after tax revenue?
-
Rating:
/5
Solution: Calculating the minimum annual after tax revenue per year