Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A construction company intends to build a fly-over that costs P3,000,000.00. The annual maintenance is P100,000.00 and the annual benefit to the motorists has been

A construction company intends to build a fly-over that costs P3,000,000.00. The annual maintenance is P100,000.00 and the annual benefit to the motorists has been estimated to be P250,000.00. If money is worth 8% and the useful life is 50 years, find the B/C.

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

Valuation For Accountants A Short Course Based On IFRS

Authors: Stephen Lynn

1st Edition

9811503567, 9789811503566

More Books

Students also viewed these Accounting questions

Question

Find the indicated power using De Moivres Theorem. (1 - 3 i ) 5

Answered: 1 week ago

Question

i need correct answrrs 7 0 2 .

Answered: 1 week ago