FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A company is considering the purchase of an equipment. The data concerning the alternative being considered as follows: First cost $28,000 Annual Income 7,000 Annual

image text in transcribed
A company is considering the purchase of an equipment. The data concerning the alternative being considered as follows: First cost $28,000 Annual Income 7,000 Annual costs 2.500 Recalibration at end of 4,000 year 4 Salvage value 2.800 If the equipment has a life of 8-years and MARR is 5%, what is the annual worth of the equipment? O $47.63 O $47.36 O-547.63 O -$47.36

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Using QuickBooks Online For Accounting 2022

Using QuickBooks Online For Accounting 2022

Authors: Glenn Owen

5th Edition

0357516532, 9780357516539

More Books

Students also viewed these Accounting questions

Question

★★★★★
In Data Set 4, use average annual temperature for the horizontal scale and use precipitation for the vertical scale. Based on the result, does there appear to be a relationship between average annual...

Answered: 1 week ago

Question

★★★★★
15. Discuss some of the manifestations of the global- ization of world capital markets.

Answered: 1 week ago

Question

★★★★★
c. What type of degree does it offer?

Answered: 1 week ago

Question

★★★★★
Foyert Corp. requires a minimum $ 30,000 cash balance. If necessary, loans are taken to meet this requirement at a cost of 1% interest per month (paid monthly). Any excess cash is used to repay loans...

Answered: 1 week ago

Question

★★★★★
Suppose that a 400MB message stored on the disk of a server is to be uploaded to a destination server through a connection-oriented packet-switched network with three serially connected nodes. This...

Answered: 1 week ago

Question

★★★★★
Page 6 of 9 23. All stakeholders require the same information and can be communicated with using the same communication channels and methods. a. True b. False Page 6 of 9 23. All stakeholders require...

Answered: 1 week ago

Question

★★★★★
Prepare the statement of cash flows for the current month. Note: Cash outflows should be indicated with a minus sign. Required information [The following information applies to the questions...

Answered: 1 week ago

Question

★★★★★
find all matrices A (a) A = 13 (b) A + A = 213

Answered: 1 week ago

Question

★★★★★
Burdeno Appliances has two divisions, Sales and Financing. Sales is responsible for selling Burdeno's Inventory and maintaining Inventory for future sale. Financing Division takes loan applications,...

Answered: 1 week ago

Question

★★★★★
Golden Food Products produces special-formula pet food. The company carries no inventories. The master budget calls for the company to manufacture and sell 120,000 cases at a budgeted price of $60...

Answered: 1 week ago

Question

★★★★★
Please answer as per question otherwise it would be reported. Identify the elements that the Crown must prove for each of the offences that the accused was charged with on January 12, Y0. On January...

Answered: 1 week ago

Question

★★★★★
What are the advantages of using capable senior employees as mentors or trainers for newer employees?

Answered: 1 week ago

Question

★★★★★
Why is having training and development opportunities available to employees important even if many do not take advantage of them?

Answered: 1 week ago

Question

★★★★★
What activities could a department manager undertake to continue involving employees in education with little or no direct budgetary impact?

Answered: 1 week ago

Previous Question Next Question