You are evaluating two different cookie-baking ovens. The Pillsbury 707 costs $61.000, has a 5-year life and has an annu
Posted: Tue Nov 16, 2021 8:34 am
You are evaluating two different cookie-baking ovens. The Pillsbury 707 costs $61.000, has a 5-year life and has an annual OCF (after- tax) of -$10,800 per year. The Keebler Cookie Munster costs $94.000, has a 7-year life, and has an annual OCF (after-tax) of -$8,800 per year If your discount rate is 13 percent, what is each machine's EAC? (Negative amounts should be indicated by a minus sign. Round your answers to 2 decimal places.) EAC Pillsbury 707 Keebler Cookie Munster