Your answer is partially correct. Fink Co. is interested in purchasing a new business...

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Accounting

Your answer is partially correct.
Fink Co. is interested in purchasing a new business vehicle. The vehicle costs $53,000 and will generate delivery revenue of $21,000
for each of the next 6 years. At the end of the 6 years, the vehicle will have a salvage value of $4,800. The tax rate is 21%. Assuming
that the vehicle is depreciated using MACRS 5-year property class, and that Fink Co. uses an after-tax MARR of 8%, 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 MACRS-GDS Property Classes.
Click here to access the MACRS-GDS percentages page.
Click here to access the MACRS-GDS percentages for 27.5-year residential rental property.
$
Carry all interim calculations to 5 decimal places and then round your final answer to a whole number. The tolerance is +-10.
Should Fink Co. purchase the new business vehicle?
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