Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Complete Business Memo and make it longer Business Memorandum TO: Budget Committee, ABC Company FROM: Ferris Buehler, Analyst SUBJECT: Analysis of Biofuel Alternatives DATE: Due
Complete Business Memo and make it longer
Business Memorandum TO: Budget Committee, ABC Company FROM: Ferris Buehler, Analyst SUBJECT: Analysis of Biofuel Alternatives DATE: Due Date for Assignment Which method should be used to produce biofuels when given Corn and Algae? 1) Evaluate the investment decision for the company and explain why it's important. The initial cost for Corn is $7,200,000.00and for Algae is 10,900,000.00 13-year time frame AW(corn) $10,719,564.47 Aw(algae) $10,672,102.64 IRR(corn) 17.69% IRR(algae) 13.96% Return on corn= $2,060,164.60 Return on algae = $1,625,613.24 2)Explain Annual worth, rate of return and Return. Pick Corn because its higher 3)Summarize Business Memorandum TO: Budget Committee, ABC Company FROM: Ferris Buehler, Analyst SUBJECT: Analysis of Biofuel Alternatives DATE: Due Date for Assignment Which method should be used to produce biofuels when given Corn and Algae? 1) Evaluate the investment decision for the company and explain why it's important. The initial cost for Corn is $7,200,000.00and for Algae is 10,900,000.00 13-year time frame AW(corn) $10,719,564.47 Aw(algae) $10,672,102.64 IRR(corn) 17.69% IRR(algae) 13.96% Return on corn= $2,060,164.60 Return on algae = $1,625,613.24 2)Explain Annual worth, rate of return and Return. Pick Corn because its higher 3)SummarizeStep by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started