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PROBLEM 10-8 Edelman Engineering is considering including two pieces of equipment, a truck and an overhead pulley system, in this year's capital...
PROBLEM 10-8Edelman Engineering is considering including two pieces of equipment, a truck and an overhead pulley system, in this year’s capital budget. The projects are independent. The cash outlay for the truck is $17,100 and that for the pulley system is $22,430. The firm’s cost capital is 14%. After –tax cash flows, including depreciation, are as follows: YEAR
