Remaining Time: 1 hour, 13 minutes, 15 seconds. Question Completion Status Close Window Save and Sub d. Click Submit to complete this assessment Question 15 of Question 15 12 points Save An ABC Corp. has decided to ask suppliers to bid on the 150,000 cartons of precision machine screws that ABC Corp. needs to purchase per year to support its manufacturing needs over the next five years. You have decided to submit a bid to supply the machine screws It will cost you 5780,000 to install the necessary equipment which will be fully depreciated over a straight line basis over five years means salvage value will be zero at the end of the ninth year Incremental Selling General Administrative experse wil be $160,000 a year and variable costs will be $8.50 per carton . For simplicity, assume the level of networking capital equals zero from Year Oto Year To finance the project, Bank of America has acreed to lend to you a loan with an amount of 780.000. The interest rate is 5 per year The project has a 16 cost of capital and a 35% tax rate. What is the minimum price per carton that you should bid? Instruction, Round your biddiry, price to the two decimal aces. Don't includes sign. Es if your price is $20.156, then input 20,16 d. Click Submit to complete this assessment Question 15 of 1s Save and Sub MacBook Air 80 OM 888 74 ET EY pletion emaining Time: 1 hour, 01 minute, 52 seconds. Jestion Completion Status Save and some . Click Submit to complete this assessment Question 15 of stion 15 12 points ABC Corp, has decided to ask supplies to bid on the 150.000 cartons of precision machine screws that ABC Corp needs to purchase per year to support its manufacturing needs over the next five year. You have decided to submit a bid to supply the machine screws it will cost you $780,000 to install the necessary equipment which will be fully deprecated over a straight ine basis over five years means salvage value will be zero at the end of the Ath year You decide to place the equipment in an die warehouse that you could have otherwise rented out for $80,000 per year Incremental Selling General Administrative expense will be $160,000 a year and variable costs will be $0.50 per carton . For simplicity, assume the level of net working capital equals zero from Year Oto Years To finance the project, Bank of America as agreed to lend to you a loan with an amount of 1780,000. The interest rate is per year. The project has a 16 cost of capital anda takrat What is the minimum price per carton that you should bid? Instruction Hound your bidding price to the two decimal places. Dort includes sign. Eg. If your prices 120.156, the input 20:16 Click Submit to complete this assessment Question 15 of 15 Clow MacBook Air Remaining Time: 1 hour, 13 minutes, 15 seconds. Question Completion Status Close Window Save and Sub d. Click Submit to complete this assessment Question 15 of Question 15 12 points Save An ABC Corp. has decided to ask suppliers to bid on the 150,000 cartons of precision machine screws that ABC Corp. needs to purchase per year to support its manufacturing needs over the next five years. You have decided to submit a bid to supply the machine screws It will cost you 5780,000 to install the necessary equipment which will be fully depreciated over a straight line basis over five years means salvage value will be zero at the end of the ninth year Incremental Selling General Administrative experse wil be $160,000 a year and variable costs will be $8.50 per carton . For simplicity, assume the level of networking capital equals zero from Year Oto Year To finance the project, Bank of America has acreed to lend to you a loan with an amount of 780.000. The interest rate is 5 per year The project has a 16 cost of capital and a 35% tax rate. What is the minimum price per carton that you should bid? Instruction, Round your biddiry, price to the two decimal aces. Don't includes sign. Es if your price is $20.156, then input 20,16 d. Click Submit to complete this assessment Question 15 of 1s Save and Sub MacBook Air 80 OM 888 74 ET EY pletion emaining Time: 1 hour, 01 minute, 52 seconds. Jestion Completion Status Save and some . Click Submit to complete this assessment Question 15 of stion 15 12 points ABC Corp, has decided to ask supplies to bid on the 150.000 cartons of precision machine screws that ABC Corp needs to purchase per year to support its manufacturing needs over the next five year. You have decided to submit a bid to supply the machine screws it will cost you $780,000 to install the necessary equipment which will be fully deprecated over a straight ine basis over five years means salvage value will be zero at the end of the Ath year You decide to place the equipment in an die warehouse that you could have otherwise rented out for $80,000 per year Incremental Selling General Administrative expense will be $160,000 a year and variable costs will be $0.50 per carton . For simplicity, assume the level of net working capital equals zero from Year Oto Years To finance the project, Bank of America as agreed to lend to you a loan with an amount of 1780,000. The interest rate is per year. The project has a 16 cost of capital anda takrat What is the minimum price per carton that you should bid? Instruction Hound your bidding price to the two decimal places. Dort includes sign. Eg. If your prices 120.156, the input 20:16 Click Submit to complete this assessment Question 15 of 15 Clow MacBook Air
