AGRICULTURAL ECONOMICS 630

The IRS will allow the widget to be depreciated over 10 years. The marginal tax rate is 15%. The manager requires at least a 10% pre-tax return on capital. Assume that the inflation rate is 0%. Should the manager buy or lease? [Annuity Equivalent (Buy) = -5,584; Annuity … ................
................

In order to avoid copyright disputes, this page is only a partial summary.