White Oaks Properties builds strip shopping centers and small malls. The company plans to replace its refrigeration, coo

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White Oaks Properties builds strip shopping centers and small malls. The company plans to replace its refrigeration, coo

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White Oaks Properties Builds Strip Shopping Centers And Small Malls The Company Plans To Replace Its Refrigeration Coo 1
White Oaks Properties Builds Strip Shopping Centers And Small Malls The Company Plans To Replace Its Refrigeration Coo 1 (37.46 KiB) Viewed 23 times
White Oaks Properties builds strip shopping centers and small malls. The company plans to replace its refrigeration, cooking, HVAC, and other equipment with newer models in the entire center built 9 years ago. The original purchase price of the equipment was $832,000 nine years ago and the operating cost has averaged $240,000 per year. Determine the equivalent annual cost of the installed equipment, if the company can now sell it for $174,000. The company's MARR is 25% per year. The equivalent annual cost of the installed equipment is $-1
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