Mgmt_200_Spring_2008_Homework_6_solution(3,21)

Mgmt_200_Spring_2008_Homework_6_solution(3,21) - NAME: _...

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NAME: ___________________________ PUID _________________ Please write your name in BLOCK letters and in the format: Last name, First name. Management 200 – Introductory Financial Accounting– Spring 2008 Krannert School of Management - Purdue University Homework 6 – due Friday, March 21, 2008 - SOLUTION IMPORTANT: This homework must be turned in on this sheet of pages (please staple). It is preferred that you print it out two-sided if at all possible. Assignments not completed on this form will not be graded. The grade for this assignment will be based on the correctness of a partial portion of the assignment – the full assignment will not be graded. Please print your name and PUID clearly and legibly in the spaces above. PART A: The CEO of Bodacious Engineering Inc. requests the company purchase a corporate jet. The company purchased a Hawker 800 jet on January 1, 2005 for $11,800,000. The jet has an estimated economic life of 12 years and an estimated residual value of $2,200,000. It is further estimated that the jet will fly between 300,000 and
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Mgmt_200_Spring_2008_Homework_6_solution(3,21) - NAME: _...

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