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Business, 07.11.2019 20:31 isalih7256
Down under boomerang, inc., is considering a new three-year expansion project that requires an initial fixed asset investment of $2.49 million. the fixed asset falls into the three-year macrs class. the project is estimated to generate $2,010,000 in annual sales, with costs of $719,000. the project requires an initial investment in net working capital of $230,000, and the fixed asset will have a market value of $295,000 at the end of the project.
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