A company has to decide weather to lease or buy a crane, Ask an Expert

Economics

A company has to decide weather to lease or buy a crane for 20 Years, please calculate both seperatly and show which one is the better option.

Crane rental : 48,500 PER MONTH . Purchase Price of crane: 2,395,000 . Salvage value:239,500 after 20 years. Tax Rate:37% . Tax MARR:12% . Oparating and maintaining cost : 588,000 PER YEAR .

lease or buy the crane for 20 years ? please show all calculations because i wont get graded with out , and will rate if it shows all the work .

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9446325

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