A company purchases a new piece of equipment at a cost of $4 million. On top of it, the company must pay $16,644 for delivery and installation. Finally, an additional $1.7 million will have to be spent to build the room where the machine will be located. Compute the yearly depreciation expenses in dollars assuming that the machine will last 6 years and using straight-line depreciation. (Round your answer to two decimal places)

Anew firm is developing its business plan. it will require $615,000 of assets, and it projects $450,000 of sales and $355,000 of operating costs for the first year. management is reasonably sure of these numbers because of contracts with its customers and suppliers. it can borrow at a rate of 7.5%, but the bank requires it to have a tie of at least 4.0, and if the tie falls below this level the bank will call in the loan and the firm will go bankrupt. what is the maximum debt ratio the firm can use? (hint: find the maximum dollars of interest, then the debt that produces that interest, and then the related debt ratio.)a. 41.94%b. 44.15%c. 46.47%d. 48.92%e. 51.49%