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Pretty Boy Construction Inc wants to purchase one of 2 dozers. The cost data is summarized below.

Dozer A Dozer B

Price/First Cost/Capital Cost $540,000 $608,000
Annual Maintenance Cost $2,300 $1,600
Salvage Value $54,000 $57,000
Expected Life 12 15

Assuming the minimum acceptable rate of return is 10% per annum, which of the two dozers will you advice the owner of Pretty Boy to purchase?

Accounting Basics, Accounting

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