Your answer is partially correct.
Fink is interested in purchasing a new business vehicle. The vehicle costs $ and will generate delivery revenue of $
for each of the next years. At the end of the years, the vehicle will have a salvage value of $ The tax rate is Assuming
that the vehicle is depreciated using MACRS year property class, and that Fink Co uses an aftertax MARR of compute the PW
and determine whether Fink Co should purchase the new business vehicle.
Click here to access the TVM Factor Table calculator.
Click here to access the MACRSGDS Property Classes.
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$
Carry all interim calculations to decimal places and then round your final answer to a whole number. The tolerance is
Should Fink Co purchase the new business vehicle?
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