Question
A new waste truck is needed for a portion of the city. Compare the asset with the Benefit-Cost method? The interest rate is 6% Present
A new waste truck is needed for a portion of the city. Compare the asset with the Benefit-Cost method? The interest rate is 6%
Present value = $55,000
Annual cost = $11,500
Annual savings = $28,500
Salvage value = $6,800
Life in years = 10
| a. | B/C = 1.47 | |
| b. | B/C = 1.53 | |
| c. | B/C = 1.40 | |
| d. | B/C = 1.88 |
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Contemporary Auditing University Of Southern Indiano
Authors: Michael C. Knapp
7th Edition
0324658052, 978-0324658057
