Time allowance: 8 minutes) What is the EAC of this equipment? BGA Inc. is evaluating...
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Time allowance: 8 minutes) What is the EAC of this equipment? BGA Inc. is evaluating different golf practice equipment. The FRS equipment costs $58,000, has a 8-year life, and costs$12,000 per year to operate. Assume that the straight-line depreciation method is used and that the equipment is fully depreciated to zero. Furthermore, assume the equipment has a salvage value of $9,000 at the end of the project' life. The relevant tax rate is 40%. The relevant discount rate is 9%. All cash flows occur at the end of the year. In answering the question, round to nearest dollar, and do not use the dollar (\$) sign. For example if your answer is $12,500,34 then enter 12,500; if answer is $537.90 then enter 538 ; if the answer is $40,00 then enter 4,000. The EAC is Your
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