The engineer of problem 4 now wants to consider an aluminum tank as well as the steel and fiberglass tank. The steel tank costs $217,000 and is expected to last 15 years. The aluminum tank is expected to last 25 years. The fiberglass tank costs $276,000 and is expected to last 30 years. None of the tanks has a salvage value at the end of its useful life. At a MARR of 8%, determine the highest cost for the aluminum tank for which it will be the preferred option. Express your answer in $ to the nearest $1,000. (please make sure to give me a correct answer)
The engineer of problem 4 now wants to consider an aluminum tank as well as the...
An engineer must choose between two materials for an underground storage tank. A steel tank costs $218,000 and is expected to last 15 years. Afiberglass tank costs $309,000 and is expected to last 30 years. Neither tank has a salvage value at the end of its useful life. Determine the MARR below which the FRP tank is preferred. Express your answer in % (not a decimal) to the nearest 0.1%.
Please show the functions that are required as well as what to enter into each function to get the correct output. excel is preferred over hand written. 4 ABC Manufacturing expects to sell 1,025 units of product in 2019 at an average price of S100,000 per unit based on current demand The Chief Marketing Officer forecasts growth of 50 units per year through 2023. So, the demand will be 1,025 units in 2019, 1,075 units n 2020, etc. and the...
Problem 12-24 Project Evaluation Suppose you have been hired as a financial consultant to Defense Electronics, Inc. (DEI), a large, publicly traded firm that is the market share leader in radar detection systems (RDSs). The company is looking at setting up a manufacturing plant overseas to produce a new line of RDSs. This will be a five-year project. The company bought some land three years ago for $4.8 million in anticipation of using it as a toxic dump site for...
- 5 IBX Pty Ltd is considering the purchase of a new machine that is expected to save the company $89,000 at the end of each year in reduced wages. The machine costs $279,000, plus another $14,000 to be installed. It is expected to last for five years after which it can be sold as scrap for $53,000. Operating expenses (such as fuel and maintenance) are $8,000 pa. a)Determine the annual net cash flows of this investment (ignore the effect...
someone please help me with this revision outline. ao i can prepare well for the upcoming exam Problem - Adjusting Entries (15 points) The following information for CLH Company is available on June 30, 2018, the end of a monthly accounting period. You are to prepare the necessary adjusting journal entries for CLH Company for the month of January for each situation given. Aporopriate adjusting entries had been recorded in previous months. You may omit journal entry explanations. 1. Lance...
Case 27 To Use or Not to Use? Beaufort Sea Production Company (BSPC) operates a medium-sized oil field on Alaska’s north coast. The field is still producing at its maximum rate, 325,000 barrels of oil per day (BOPD). However, to sustain this rate the company started a waterflood of the reservoir two years ago. Now a capacity bottleneck in the water disposal process is threatening to curtail production. In waterflooding, salt water from the Beaufort Sea is treated to remove...
please answer question #4 The Stratton Township Park The Stratton Township Park is located on a piece of property that contains two golf courses, a swimming pool, and 800 acres of woods and open spaces. Three years ago, the Stratton Parks Department (Stratton) carved out miles of trails to allow visitors to hike the property and enjoy nature. To make that experience more enjoyable for visitors and available to school groups, Stratton decided to offer guided tours that have proven...
CASE 1-5 Financial Statement Ratio Computation Refer to Campbell Soup Company's financial Campbell Soup statements in Appendix A. Required: Compute the following ratios for Year 11. Liquidity ratios: Asset utilization ratios:* a. Current ratio n. Cash turnover b. Acid-test ratio 0. Accounts receivable turnover c. Days to sell inventory p. Inventory turnover d. Collection period 4. Working capital turnover Capital structure and solvency ratios: 1. Fixed assets turnover e. Total debt to total equity s. Total assets turnover f. Long-term...