FIN 534 RANK Imagine Your Future /fin534rank.com FIN 534 RANK Imagine Your Future /fin534rank.com - Page 114

Net investment cost (depreciable basis) $60,000 Number of cars washed 2,800 Average price per car $25.00 Fixed op. cost (excl. deprec.) $10,000 Variable op. cost/unit (i.e., VC per car washed) $5.375 Annual depreciation $20,000 Tax rate 35.0% a. $28,939 b. $30,462 c. $32,066 d. $33,753 e. $35,530 =============================================== FIN 534 Week 6 DQ 1 FOR MORE CLASSES VISIT www.fin534rank.com