Chas2876 Chas2876

03-01-2023
Business

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Lease or buy wolfson corporation has decided to purchase a new machine that costs $2.4 million. the machine will be depreciated on a straight-line basis and will be worthless after four years. the corporate tax rate is 24 percent. the sur bank has offered wolfson a 4-year loan for $2.4 million. the repayment schedule is four yearly principal repayments of $600,000 and an interest charge o

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