3. Determine the age at which the following type of machine be replaced: Cost price Operating costs...
Question:
3. Determine the age at which the following type of machine be replaced:
Transcribed Image Text:
Cost price Operating costs Resale value = Rs 8,000 Rs 1,000 for the first year, increasing by Rs 500 every year = Rs 4,000 for the first year, decreasing by Rs 500 every year
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
Answered By
Asim farooq
I have done MS finance and expertise in the field of Accounting, finance, cost accounting, security analysis and portfolio management and management, MS office is at my fingertips, I want my client to take advantage of my practical knowledge. I have been mentoring my client on a freelancer website from last two years, Currently I am working in Telecom company as a financial analyst and before that working as an accountant with Pepsi for one year. I also join a nonprofit organization as a finance assistant to my job duties are making payment to client after tax calculation, I have started my professional career from teaching I was teaching to a master's level student for two years in the evening.
My Expert Service
Financial accounting, Financial management, Cost accounting, Human resource management, Business communication and report writing. Financial accounting : • Journal entries • Financial statements including balance sheet, Profit & Loss account, Cash flow statement • Adjustment entries • Ratio analysis • Accounting concepts • Single entry accounting • Double entry accounting • Bills of exchange • Bank reconciliation statements Cost accounting : • Budgeting • Job order costing • Process costing • Cost of goods sold Financial management : • Capital budgeting • Net Present Value (NPV) • Internal Rate of Return (IRR) • Payback period • Discounted cash flows • Financial analysis • Capital assets pricing model • Simple interest, Compound interest & annuities
4.40+
65+ Reviews
86+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
On January 26, Nova Co. borrowed cash from Conrad Bank by issuing a 30-day note with a face amount of $60,000. Assume a 360-day year. a. Determine the proceeds of the note, assuming the note carries...
-
What happens to a consumer's optimal choice of goods if all prices and the consumer's income double? (What happens to the intercepts of the budget constraint?)
-
Suppose that the marginal utility of good A is 4 times the marginal utility of good B, but the price of good A is only 2 times the price of good B. Is this point consumer equilibrium? If not, what...
-
3. Call on low achievers as often as you do high achievers.
-
Green Thumb operates a commercial plant nursery where it propagates plants for garden centers throughout the region. Green Thumb has $ 4,800,000 in as-sets. Its yearly fixed costs are $ 600,000, and...
-
In this week's discussion board we will investigate the relationship between risk and return. In this regard, let's explore the following topics: in 400 words: 1. What effect do increasing inflation...
-
2. Determine the optimum replacement interval of an equipment which costs Rs 5,200 and whose resale values and running costs are as follows: Year 1 2 3 4 5 6 7 Resale value (Rs) 3,500 2,700 1,800...
-
4. A firm is considering replacement of a machine, whose cost price is Rs 12,200; and the scrap value is only Rs 200. The maintenance costs are found as follows: When should the machine be replaced?...
-
In terms of your own feedback profile, which of the three types is the strongest (has the highest subscore)? Which is the weakest (has the lowest subscore)? How well does your feedback profile...
-
Intermediate accounting 1 682 Chapter 13 prevailing market rate on January 1 of that year. Eden also entered into an interest rate swap agreement related to this loan. Under the terms of the swap...
-
For each of the following, Draw T-v and P-v Phase diagrams of the processes A. Compressed liquid at state (1) is heated at constant pressure to a saturated mixture at state (2). B. Saturated Liquid...
-
Healthcare Providers and Nonbinary Patients The importance for adherence by those professionals to that code; Choose two principles from the code you chose to illustrate the values these...
-
Brewer Corporation. has the following information for August: The Decorating Department had 600 wreaths in process at the beginning of the month that were 80 percent complete s to material and 90...
-
All products and services move through the PRODUCT LIFE CYCLE What are the phases of the PRODUCT LIFE CYCLE? Chose a product or a service of a company in the sporting goods industry. Designate the...
-
By using data for selected years from 1950 and projected to 2040, the gross domestic product (GDP), in billions of dollars, of the United States is modeled by Where x is the number of years past 1950...
-
The overall reaction and equilibrium constant value for a hydrogenoxygen fuel cell at 298 K is 2H 2 (g) + O 2 (g) 2H 2 O(l) K = 1.28 10 83 a. Calculate E cell and G 8 at 298 K for the fuel cell...
-
2. Does Bourne assess the plans execution to determine if it conforms to his goal? If so, what does he do? Jason Bourne (Matt Damon) cannot remember who he is, but others believe he is an...
-
1. Does Bourne describe a plan to Conklin? If he does, what are the plans elements? What is Bournes goal? Jason Bourne (Matt Damon) cannot remember who he is, but others believe he is an...
-
4. Decide when you will monitor and evaluate the progress youre making with your plan. Career experts suggest that every six months is about right. Pick two dates and write them in your schedule....
-
Miracle Research Labs issued 3,000, 7%, $1,000 bonds dated January 1, 2022, at 100. Interest is paid each January 1. Prepare the journal entry to record the sale of these bonds on January 1, 2022....
-
Alyeski Tours operates day tours of coastal glaciers in Alaska on its tour boat the Blue Glacier. Management has identified two cost drivers-the number of cruises and the number of passengers-that it...
-
D&R Corp has annual revenues of $253,000, an average contribution margin ratio of 34%, and fixed expenses of $111,200. Required: a. Management is considering adding a new product to the company's...
Study smarter with the SolutionInn App