1 answer

Problem 10 One more break even problem Acme Corp is looking at buying a new road...

Question:

Problem 10

One more break even problem

Acme Corp is looking at buying a new road paving machine.

The machine costs $3,000,000 and Acme wants to look at break even cost over a 4 year period of time . The machine paves roads for $275.00 per mile less than the current system . How many miles does this equate to per year to break even if an 8% cost of money is applied?


Answers

The answer has been presented in the supporting sheet. All the parts has been solved with detailed explanation and format. For detailed answer refer to the supporting sheet.

Answer 3 Fistly we have to calculate the annual saving 5 Present value = annual saving * present value annuity (8%,4) 6 30000

.

Similar Solved Questions

1 answer
3. Find the eigenvalues and eigenvectors of the matrix. ? = [ 1 2 −1 1...
3. Find the eigenvalues and eigenvectors of the matrix. ? = [ 1 2 −1 1 0 1 4 −4 5 ] 11 Find the eigenvalues and eigenvectors of the matrix. A = 1 14 2 0 -4 1 5]...
1 answer
Given an economy's quarterly data, fill-in missing information: 1987 100 Real GDP 5000 5020 5000 ...
Given an economy's quarterly data, fill-in missing information: 1987 100 Real GDP 5000 5020 5000 IPD 110 112 115 Money GDP 5544 1989 1990 1991 1992 1993 1994 1995 5635 5873.4 6060 6200 6272 120 128 Draw the business cycle with appropriate dafa and identify the stages of the cycle based on the da...
1 answer
Middleton Associates is a consulting firm that specializes in information systems for construction and landscaping companies....
Middleton Associates is a consulting firm that specializes in information systems for construction and landscaping companies. The firm has two offices—one in Toronto and one in Vancouver. The firm classifies the direct costs of consulting jobs as variable costs. A segmented contribution format...
1 answer
Question 2: You can delete a list entry after all transactions for that list entry have...
Question 2: You can delete a list entry after all transactions for that list entry have been deleted or summarized. Answer: True False Question 3: Preparing financial statements and performing year-end closing procedures, along with other tasks, is referred to as closing the books. Answer: A. True B...
1 answer
3. A potassium hydroxide solution was standardized against the solid acid, oxalic acid dihydrate. The volume...
3. A potassium hydroxide solution was standardized against the solid acid, oxalic acid dihydrate. The volume of the potassium hydroxide solution required to neutralize 0.317 grams of oxalic acid dihydrate was 48.82 milliliters. Calculate the molarity of potassium hydroxide solution. 4. The molarity ...
1 answer
I need to Write a Matlab program to use Hebb rule with pseudo-inverse matrix to Distinguish betwe...
I need to Write a Matlab program to use Hebb rule with pseudo-inverse matrix to Distinguish between the numbers from 0 to 9 written as follow 1. Consider the following patterns. 1) Write a Matlab program to reproduce the results using the Hebb rules. Try different input patterns in the network to t...
1 answer
Why are resonance structures used instead of lewis structures to correctly model certain molecules?
Why are resonance structures used instead of lewis structures to correctly model certain molecules?...
1 answer
What are the 8 principles that are universally used in order to help reduce the amount...
What are the 8 principles that are universally used in order to help reduce the amount of faults when designing a system?...
1 answer
Problem 5. (5 pts) Expectation Trick, Strong Law and the CLT (a) (2 pts) Let X...
Problem 5. (5 pts) Expectation Trick, Strong Law and the CLT (a) (2 pts) Let X be the number of fixed points in a random permutation of n elements. We know that EX = 1. Compute EX2 and EX3. Hint : Write X as a sum of indicator random variables. The number of fixed points in a random permutation is a...
1 answer
Material Properties: (SI) Material Modulus ofMaximum Axial Maximum Shear Elasticity (E) Stress (o) Stress () Aluminum...
Material Properties: (SI) Material Modulus ofMaximum Axial Maximum Shear Elasticity (E) Stress (o) Stress () Aluminum Brass Steel Wood 11 GPa 72 GPa 100 GPa 200 GPa 180 Mpa 150 MPa 400 MPa 6.5 MPa 110 MPa 80 MPa 270 MPa 0.61 MPa A 2x10 wood beam (actual dimensions 38.1 mm x 235 mm) is being used to ...
1 answer
Oregon Company sells only two products, Product A and Product B.                    Product A       ProductB     to
Oregon Company sells only two products, Product A and Product B.                    Product A       ProductB     total Selling price    40 &...
1 answer
On November 15, 20x1 Lima Co. sold a segment of its business for $2,750,000. The net...
On November 15, 20x1 Lima Co. sold a segment of its business for $2,750,000. The net book value of the segment at the time of its disposal was $2,900,000. Lima had pretax income from operations of $1,750,000 for 20x1 which included $360,000 recognized by the discontinued segment prior to its disposa...
1 answer
Gy" + 2y' +y=e-ing 3 sint; b. 3". - y Problem 5. Solve non-homogeneous equations.
gy" + 2y' +y=e-ing 3 sint; b. 3". - y Problem 5. Solve non-homogeneous equations....
1 answer
Infants and small children have a substantially shorter ear canal. What effect would you expect this...
Infants and small children have a substantially shorter ear canal. What effect would you expect this to have on their sensitivity to different frequencies? Select the correct answer The different length of ear canal should have no effect O on frequency perception because the speed of sound is the sa...
1 answer
Chuck Wagon Grills, Inc., makes a single product-a handmade specialty barbecue grill that it sells for...
Chuck Wagon Grills, Inc., makes a single product-a handmade specialty barbecue grill that it sells for $300. Data for last year's operations follow: 10,300 8,700 1,600 Units in beginning inventory Units produced Units sold Units in ending inventory Variable costs per unit: Direct materials Direc...
1 answer
A consortium of international telecommunication companies contracted for the purchase and installation of a fiber optic...
A consortium of international telecommunication companies contracted for the purchase and installation of a fiber optic cable linking two major cities at a total cost of US$960 million. This amount includes freight and installation charges estimated at 10% of the above contract price. If the cable s...
1 answer
The feasibility of a research question must be pragmatically examined. Regardless of how significant or researchable...
The feasibility of a research question must be pragmatically examined. Regardless of how significant or researchable a question may be, pragmatic considerations such as time, availability of subjects, facilities, equipment, and money, experience of the researcher, and any ethical considerations may ...
1 answer
Objective, Aim, and Hypothesis to the topic of: HIIT will slow the progression of Parkinson's disease....
Objective, Aim, and Hypothesis to the topic of: HIIT will slow the progression of Parkinson's disease. PA being tested: Normal Activity, Moderate PA, and HIIT...