question archive A machine cost ?100,000 with salvage value of ?10,000 after 10 years
A machine cost ?100,000 with salvage value of ?10,000 after 10 years
Subject:FinancePrice: Bought3
A machine cost ?100,000 with salvage value of ?10,000 after 10 years. If the annual maintenance and operation amounts to ?10,000, annual tax and insurance amounts to ?2,000. If the machine will deliver an annual revenue of ?30,000, is it profitable? Take i=15%.
