Business, 12.09.2019 20:10 sarabell5326

See table 2.5 showing financial statement data and stock price data for mydeco corp. suppose mydeco had purchased additional equipment for $ 12.8 million at the end of 2016, and this equipment was depreciated by $ 4.3 million per year in 2017, 2018, and 2019. given mydeco's tax rate of 35 %, what impact would this additional purchase have had on mydeco's net income in years 2016dash2019? (assume the equipment is paid for out of cash and that mydeco earns no interest on its cash balances.)

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See table 2.5 showing financial statement data and stock price data for mydeco corp. suppose mydeco...