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Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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
Transcribed Image Text:What is maintenance CAPEX for Poodle Bites in Year 4?
Poodle Bites Inc.
Selected Financial Information
Year 3
Year 4
Revenues
$720,000 $571,972
Depreciation
24,173
23,838
PP&E, Net
82,010
80,851
САРEХ
24,778
22,679
Depreciation Rate
22.77%
Maintenance CAPEX = $|
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