holiday manufacturing is considering replacing an existing machine. The new machine costs $1.2 million and requires installation costs of $150,000.
holiday manufacturing is considering replacing an existing machine. The new machine costs $1.2 million and requires installation costs of $150,000. The existing machine is 2 years old, cost $800,000 new, and has a book value (UCC) of $367,962. The current market value of the machine is $185,000. The machine could be used for 5 more years, when it would be worth $50,000. Over its 5-year […]