Solution:
Given Information,
Heat input is ( ) = 5.5 × Btu/h
Combustion efficiency of the boiler () = 0.7
Combustion efficiency after turn up () = 0.8
Operation Hour (t) = 5200h
Unit cost (c) =
Calculate heat output from the boiler = x
= 5.5 x x 0.7
= 3.85 x Btu/h
Calculate the heat input to the boiler after the tune-up
= /
= 3.85 x / 0.8
= 4.8125 x Btu/h
Calculate the saved energy after the tune-up
= -
= 5.5 x - 4.8125 x Btu/h
= 0.6875 x Btu/h
Calculate the annual energy saving ( )
= x t
= ( 0.6875 x Btu/h ) ( 5200 hr/yr)
= 3575 x Btu/h
Calculate the annual cost saving
Annual cost saving = x Unit cost
= 3575 x Btu/h x
= 82225
Answer:
The internal rate of return of this investment is d) 5%
Explanation:
Hi, in order to find the discount rate or the internal rate of return of this investment, you have 2 choices. First is to solve for "IRR" the following equation.
Where:
A= annuity (equal amount of money as a return, every year)
IRR= internal rate of return
therefore
But this is too difficult to solve, so we have to use the second option, which is use the IRR function of MS Excel. Please see the attached document to check all calculations and the answer.
Best of luck.
Answer:
The correct option is C. Recognize $9 million Gross Profit in 2016.
Explanation:
IFRS-15 states that a 4-step approach should be followed when the performance obligation is satisfied over a period of Time. In-this case, the performance obligation will be satisfied within three years from 2016 to 2018.
4-step Approach:
1) First of all you have to calculate the over gain/loss of the project, and the result will decide the entries to be made. In this case, the contract price is $150m and the total costs (Costs incurred + Expected Costs) are $120m. This gives us a Profit of $30m.
2) In the second step, we have to determine the progress of the contract, It means that how much work have we done so far. There are two methods to calculate the progress: Input Method and the Output Method. Based on the data available, we will go for Input Method. To calculate progress under this method, simply divide the costs incurred by the total costs and multiply the result with 100 to get the percentage. 30% is the progress of the contract.
3) Revenue (150 * 30%) = $45m
COS (120 * 30%) = $36m
Gross Profit = $9m
* 120 is the Total Cost.
4) The last step involves determining Contract Assets and Liabilities. I won't go in to the detail because this step is not concerned with your question. You are open to ask questions regarding this step if you need.
Thanks.
A group of persons or legal entities who come together to carry out a particular activity are more commonly referred to as a d. syndicate.
A syndicate is a self-organizing group of individuals, firms, corporations, or corporations formed to do a particular undertaking or to pursue or promote a common interest.
Syndicates are typically made up of companies in the same industry. For example, two pharmaceutical companies can combine their research and development (R&D) teams by forming a syndicate to develop new drugs. Alternatively, multiple real estate companies can form a consortium to manage large developments.
1 A group of individuals or organizations united for a common interest. “Major Acquisitions Involving Consortiums of Financial Institutions” “Criminal Consortiums”
Learn more about syndicate here: brainly.com/question/28148686
#SPJ4
Answer and Explanation:
The classification is as follows:
a. In the case when the quantity demanded is more than the price so it is a price elastic demand
b. In the case when the change in price of 1% lower than the change in quantity demanded so it is price inelastic demand
c. And, in the case where there is a change of 1% in a price that generated the 1% change in quantity demanded is unit elastic demand