Florida Construction Equipment Rentals (FCER)purchases a
Chapter , Problem 12-32(choose chapter or problem)
Florida Construction Equipment Rentals (FCER)purchases a new 10,000-pound-rated crane forrental to its customers. This crane costs $1,125,000and is expected to last for 25 years, at which time itwill have an expected salvage value of $147,000.FCER earns $195,000 before-tax cash flow eachyear in rental income from this crane, and its totaltaxable income each year is between $10M and$15M. If FCER uses straight-line depreciation anda MARR of 15%, what is the present worth ofthe after-tax cash flow for this equipment? Shouldthe company invest in this crane
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