Order the answer to: Eight years ago, Ohio Valley Trucking purchased a large-capacity

Assignment Help business economics Order the answer to: Eight years ago, Ohio Valley Trucking purchased a large-capacity

business economics

Order the answer to: Eight years ago, Ohio Valley Trucking purchased a large-capacity

Question Eight years ago, Ohio Valley Trucking purchased a large-capacity dump truck for $115,000 to provide short-haul earthmoving services. The company sold it today for $45,000. Operating and maintenance costs averaged $10,500 per year. A complete overhaul at the end of year 4 cost an extra $3600. Calculate the annual cost of the truck at 8% per year interest.
Subject business economics
Ready to try a high quality writing service? Get a discount here