A lowa-based company is purchasing a delivery van for $38000. The van will be depreciated under MACRS as a five year property. The van's market value (salvage value) is expected to decrease by $4300 per year. It is expected that the purchase of the van will increase its revenue by $12000 per year. The O&M costs are expected to be $4000 per year. The firm is in 21% of tax bracket, and its MARR is 15%. If the company plans to keep the van only two years, what is the net present worth? (Kindly explain with calculations)
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please marak as briliant
Explanation: plzzzzzzzzzz
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