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You are evaluating two different cookie-baking ovens. The Pillsbury 707 costs $71,500, has a 5-year life, and has an annual OCF (after tax) of...
You are evaluating two different cookie-baking ovens. The Pillsbury 707 costs $71,500, has a 5-year life, and has an annual OCF (after tax) of –$11,600 per year. The Keebler CookieMunster costs $98,000, has a 7-year life, and has an annual OCF (after tax) of –$9,600 per year.
If your discount rate is 11 percent, what is each machine’s EAC? (Negative amounts should be indicated by a minus sign. Round your answers to 2 decimal places.)
If your discount rate is 11 percent, what is each machine’s EAC? (