ADM 2350 Winter 2008 Assign 3

ADM 2350 Winter 2008 Assign 3 - 1 Winter 2008 Rentz ADM...

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Winter 2008 Prof. W. Rentz FINANCIAL MANAGEMENT Assignment #3 GENERAL INSTRUCTIONS: This assignment is due at the beginning of the lab on Wednesday, March 19, 2008 for Section P and Monday, March 17, 2008 for Section Q. It is your responsibility to hand in your assignment directly to the tutor for lab associated with the section in which you are registered. Please do not hand in your assignment in the wrong lab or to the professor. This assignment counts 5% of your course grade. You are encouraged to work on this assignment in teams of up to 5 students from the same section of this course. Nevertheless , you may turn in an individual assignment if you prefer. Each assignment must be typed and contain the student name(s) and student number(s) on each page. A statement of integrity must be attached to each assignment. Each individual whose name appears on the assignment must sign the statement of integrity. See p. 8 of the course syllabus for the integrity statement. 1. Bob’s Machine Shop purchased an automated drill press 10 years ago that had an estimated economic life of 15 years. The drill press originally cost $400,000, was placed in class 10 with a CCA rate of 30 percent, and has a current undepreciated
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ADM 2350 Winter 2008 Assign 3 - 1 Winter 2008 Rentz ADM...

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