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bazaltina [42]
2 years ago
6

Wrangler Western has some of its jeans stone-washed under a contract with an independent contractor, Almos Garment Corp. If Almo

s’ operating cost is $34,000 per year for years 1 and 2 and then it increases by 6% per year through year 10, what is the year-zero present worth of the machine operating cost at an interest rate of 12% per year? The present worth of the machine operating cost is determined to be $
Business
1 answer:
Novay_Z [31]2 years ago
6 0

Answer:

The present of worth of machine operating cost is $ 228,061.55  

 

Explanation:

In calculating the present worth of the machine operating cost,I grew the cost of $34000 per year from year 3 onwards by 6% , thereafter I discounted the increased machine operating cost with the applicable discount factor in each year as shown in the attached spreadsheet.

Download xlsx
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Answer:

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6 0
2 years ago
A share of preferred stock currently sells for $120. it offers the investor a dividend rate of 8%, on a par value of $100. if th
victus00 [196]
Dividend per share= 8% of 100 = 8
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4 0
3 years ago
True or False: A debate is a discussion between two people who have opposing views.
aniked [119]

Answer:

True

Explanation:

7 0
2 years ago
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DeMarcus has been general manager of the Surf and Turf Club restaurant for many years and always schedules extra staff for the b
Keith_Richards [23]

Answer:

illusion of control.

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This is obviously a case of illusion because he has no control over the external business environment and there is no logical reason to continue with extra staffing.

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