Business
Business, 22.07.2019 20:20, april861

Aplantation has purchased an automated propagation system for $26,000. the declining balance depreciation at a rate of 2 times the straight line rate and a $2022 salvage value are used to write off the capital investment. the company expects to realize net revenue of $8000 each year for the next 5 years. assume an effective federal tax of 39%, state income tax of 12.25% per year, and an after-tax marr of 4% per year. calculate the present worth of this investment.

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