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FIN - Hudson Corporation

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Question;Hudson Corporation needs a machine that costs $60,000 and is expected to run for 5 years. Hudson will depreciate it completely in 4 years on a straight-line basis. The tax rate of the company is 33%, and the proper discount rate is 13%. Find the minimum annual earnings before taxes that this machine should have to justify its purchase.

 

Paper#48296 | Written in 18-Jul-2015

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