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solve manul dont use exel estion #5 [6 Points) adi Telecommunication Company (STC) is taking bids on the purchase, installation and eration of mobile phone
solve manul dont use exel estion #5 [6 Points) adi Telecommunication Company (STC) is taking bids on the purchase, installation and eration of mobile phone towers for citizens of North Riyadh. The details are as following S# Description Bid (Tower A) Bid (Tower B) 1 Equipment Cost SR 250,000 SR 260,000 2 Installation Cost SR 30.000 SR 40,000 3 Annual Maintenance and Operation Cost SR 2000 SR 2500 Income Tax (per month) SR 70 SR 100 5 Expected Annual Revenue generation SR 3000 SR 3500 6 Annual Wealth Tax SR 1200 SR 1300 Salvage Value Almost negligible Almost negligible 8 Life 30 years 7 40 years Choose the most economical bid for this project using present worth criterion and give easons for your selection if the interest rate is 11%? Both towers will have almost negligible salvage value after 25 years(Cash flow diagram is mandatory to drew and write wour answer in statement form). Solution: - estion #5 [6 Points) adi Telecommunication Company (STC) is taking bids on the purchase, installation and eration of mobile phone towers for citizens of North Riyadh. The details are as following S# Description Bid (Tower A) Bid (Tower B) 1 Equipment Cost SR 250,000 SR 260,000 2 Installation Cost SR 30.000 SR 40,000 3 Annual Maintenance and Operation Cost SR 2000 SR 2500 Income Tax (per month) SR 70 SR 100 5 Expected Annual Revenue generation SR 3000 SR 3500 6 Annual Wealth Tax SR 1200 SR 1300 Salvage Value Almost negligible Almost negligible 8 Life 30 years 7 40 years Choose the most economical bid for this project using present worth criterion and give easons for your selection if the interest rate is 11%? Both towers will have almost negligible salvage value after 25 years(Cash flow diagram is mandatory to drew and write wour answer in statement form). Solution
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