{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-09-14T00:04:23-04:00", "answer_date": "2024-09-14 00:04:23", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "10719944", "url": "\/study-help\/questions\/windhoek-mines-limited-of-namibia-is-contemplating-the-purchase-of-10719944", "question_creation_date_js": "2024-09-14T00:04:23-04:00", "question_creation_date": "Sep 14, 2024 12:04 AM", "meta_title": "[Solved] Windhoek Mines, Limited, of Namibia, is c | SolutionInn", "meta_description": "Answer of - Windhoek Mines, Limited, of Namibia, is contemplating the purchase of equipment to exploit a mineral deposit on land t | SolutionInn", "meta_keywords": "windhoek,mines,limited,namibia,contemplating,purchase,equipment,exploit,mineral,deposit,land,company", "question_title_h1": "Windhoek Mines, Limited, of Namibia, is contemplating the purchase of equipment to exploit a mineral deposit on land to which the company has mineral rights.", "question_title": "Windhoek Mines, Limited, of Namibia, is contemplating the purchase of equipment to", "question_title_for_js_snippet": "Windhoek Mines, Limited, of Namibia, is contemplating the purchase of equipment to exploit a mineral deposit on land to which the company has mineral rights An engineering and cost analysis has been made, and it is expected that the following cash flows would be associated with opening and operating a mine in the area Cost of new equipment and timbers $ 3 5 0 , 0 0 0 Working capital required $ 1 0 5 , 0 0 0 Annual net cash receipts $ 1 3 5 , 0 0 0 Cost to construct new roads in three years $ 4 1 , 0 0 0 Salvage value of equipment in four years $ 6 6 , 0 0 0 Receipts from sales of ore, less out of pocket costs for salaries, utilities, insurance, and so forth The mineral deposit would be exhausted after four years of mining At that point, the working capital would be released for reinvestment elsewhere The company s required rate of return is 1 8 Click here to view Exhibit 1 2 B 1 and Exhibit 1 2 B 2 , to determine the appropriate discount factor ( s ) using tables Required a What is the net present value of the proposed mining project b Should the project be accepted ", "question_description": "