Use the Table for the Question(s)below

question 4

Multiple Choice

Use the table for the question(s) below.
Danby Construction is considering leasing a new crane for the next 5 years.Danby has created the following table of cash flows to help with the decision:

-If Danby's borrowing cost is 7%,and its tax rate is 35%,what is the amount of the lease-equivalent loan for the crane?

• A)$96,747
• B)$369,671
• C)$348,253
• D)-$363,441
• E)$75,329

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Definitions:

Merger

The combination of two or more companies into one entity, often to achieve greater efficiencies of scale and scope.

Illegal Pharmaceutical Marketing

Involves the promotion of drugs for uses that have not been approved by regulatory bodies, often violating laws and regulations.

Allegations

Claims or assertions that someone has done something illegal or wrong, typically without proof.

Merger

The combination of two or more companies into a single corporate entity, often to achieve greater efficiencies and market share.