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please help my answers are wrong Data table Requirements Ignore the time value of money. 1. Assuming that Like New expects to salvage 30,000 tons
please help my answers are wrong
Data table Requirements Ignore the time value of money. 1. Assuming that Like New expects to salvage 30,000 tons of metal from the site, what is the total project life cycle cost? 2. Suppose Like New can sell the metal for $80 per ton and wants to earn a profit (before taxes) of $30 per ton. At what price must Like New sell the land at the end of the project to achieve its target profit per ton? 3. Now suppose Like New can only sell the metal for $70 per ton and the land at $141,000 less than what you calculated in requirement 2 . If Like New wanted to maintain the same markup percentage on total project life-cycle cost as in requirement 2 , by how much would the company have to reduce its total project life-cycle cost? Like New Metal Recycling and Salvage receives the opportunity to salvage scrap metai and other materials from an old industrial site. The current owners of the site will sign over the site to Like New at no cost Like New intends to extract scrap metal at the site for 24 months, and then will clean up the site, return the land to useable condition, and sell it to a developer Projected costs associated with the project follow (Click the icon to view the project costs) Read the requirements Requirement 1. Assuming that Like New expects to salvage 30,000 tons of metal from the site, what is the total project life cycle cost Step by Step Solution
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