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Business, 02.12.2019 22:10 morris9878

Assume that penguin co. is considering disposing of equipment that cost $50,000 and has $40,000 of accumulated depreciation to date. penguin co. can sell the equipment through a broker for $25,000 less 5% commission. alternatively, teal co. has offered to lease the equipment for five years for a total of $48,750. penguin will incur repair, insurance, and property tax expenses estimated at $10,000. at lease-end, the equipment is expected to have no residual value. the net differential income from the lease alternative is: group of answer choices $15,000 $ 5,000 $25,000 $12,500

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Assume that penguin co. is considering disposing of equipment that cost $50,000 and has $40,000 of a...
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