Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please solve earlier. : (6) Let the owner of a fleet have three trucks, two of which are two years old and the third one

image text in transcribed

please solve earlier.

: (6) Let the owner of a fleet have three trucks, two of which are two years old and the third one year old. The cost price, running cost and resale vale of these trucks are same as given in (a). Now he is considering a new type of truck with 50% more capacity than one of the old ones at a unit price of Rs. 8,000. He estimates that the running costs and resale price for the truck will be as follows: Year 1 2 3 6 Running costs (Rs.) : 1,200 1,500 1,800 2,400 3,100 4,000 5.000 6.100 Resale price (Rs.) 2,000 1,000 500 300 300 300 300 Assuming that the loss of flexibility due to fewer trucks is of no importance, and that he will continue to have sufficient work for three of the old trucks, what should his policy be? (Poona M.B.A. 1992) 4 S 7 8 4,000 : (6) Let the owner of a fleet have three trucks, two of which are two years old and the third one year old. The cost price, running cost and resale vale of these trucks are same as given in (a). Now he is considering a new type of truck with 50% more capacity than one of the old ones at a unit price of Rs. 8,000. He estimates that the running costs and resale price for the truck will be as follows: Year 1 2 3 6 Running costs (Rs.) : 1,200 1,500 1,800 2,400 3,100 4,000 5.000 6.100 Resale price (Rs.) 2,000 1,000 500 300 300 300 300 Assuming that the loss of flexibility due to fewer trucks is of no importance, and that he will continue to have sufficient work for three of the old trucks, what should his policy be? (Poona M.B.A. 1992) 4 S 7 8 4,000

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

Financial Reporting And Auditing In Sovereign Operations Technical Guidance Note

Authors: Asian Development Bank

1st Edition

9292698192, 978-9292698195

More Books

Students also viewed these Accounting questions

Question

Design a health and safety policy.

Answered: 1 week ago