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kaheart [24]
3 years ago
5

The cost of equipment to apply epoxy paint to a warehouse floor is $1,400. Materials and supplies (masking tape, surface repair

material, solvents, cleanup supplies, etc.) will cost $2.03 per ft2. Alternatively, a contractor can be hired annually to do the job for $3.25 per ft2. If the cost of the equipment will be recovered at i = 10% per year over a three-year period with no salvage value, the number of square feet that must be treated each year to justify the equipment purchase is closest to:
A. 1148 ft^2
B. 953 ft^2
C. 2457 ft^2
D. 460 ft^2.
Business
1 answer:
Artyom0805 [142]3 years ago
7 0

Answer:

D. 460 ft^2

Explanation:

Given That:

Cost of Equipment Purchased = $ 1400

useful life = 3 years

recovery rate of equipment =10%

Materials & Supplies cost ( Variable cost) = $ 2.03 / Sq.ft

If the Work is alternatively taken care (hired) by the contractor  

Amount payable to contractor for the job ( variable cost ) = $ 3.25 / Sq.ft

Now;

Savings in Variable cost due to purchase of Equipment ( $ 3.25 - $ 2.03) = $ 1.22

Equipment cost to be recovered per year = Cost of Equipment / PVAF ( r%, n years)

= $ 1,400 / PVAF ( 10%, 3years)

= $ 1,400 / 2.49

= $ 562.25

Minimum usage required = Cost of equipment to be recovered per year / Savings in variable

= $ 562.25 / $ 1.22

= 460.85

Minimum usage to be worth for purchasing equipment = 460 ft²    

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Answer:

  • Social

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P: Political Factors influencing organization's performance.

E: Economical Factors creating hurdles in the way of the organizations.

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T: Technological Factors playing it's role in influencing organizational performance.

L: Legal Factors accounting for legal barriers for the organizations.

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3 years ago
Assume Maine Line Railway is considering hiring a reservations agency to handle passenger reservations. The agency would charge
inna [77]

Answer:

$214,000

Explanation:

The total reservation cost per month is given by the following expression:

R = \$14,000+\$1*n

Where 'n' is the number of monthly reservations.

If there are 200,000 reservations for passengers taking a trip next month, the reservation cost is:

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7 0
3 years ago
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Jackson Corp. (a U.S.-based company) sold parts to a Korean customer on December 16, 2021, with payment of 20 million Korean won
Stolb23 [73]

Answer:

The correct option is (b)

Explanation:

According to the scenario, the foreign currency that original sold at the market is shown below:

= (Forward rate to Jan 15 - Spot rate) × paymen made

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= $0.00007 × 20,000,000

= $1,400 premium

hence, the foreign currency that originally sold at the market is $1,400 premium

Therefore the correct option is (b)

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3 years ago
The management of Retz Corporation is considering the purchase of a new machine costing $500,000. The company's desired rate of
kirill [66]

Answer:

The present value index is 0.91 which is less than 1. So, the investment should not be accepted.

Explanation:

Present Value Index : It shows the ratio between the sum of present value of all years cash inflows after applying the discount rate and initial investment.

In mathematically,

Present value index = Sum of present value of all years cash flows with discount rate ÷ Initial Investment

where,

Present value = Net cash flow × Discount rate

So,

Year 1 = $180,000 × 0.909 = $163,620

Year 2 = $120,000 × 0.826 = $99,120

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Hence, the present value index is 0.91 which is less than 1. So, the investment should not be accepted.

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3 years ago
Evaluating od interventions always involves measuring their impact on employee satisfaction, productivity, and the bottom line.
Usimov [2.4K]

False. Evaluating interventions always involves measuring their impact on employee satisfaction, productivity, and the bottom line.

<h3>What is evaluating interventions?</h3>

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1. Participants' Evaluation

Participatory evaluation is an evaluation strategy that is "bottom-up" or "people-centered."

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In a utilization-focused evaluation, a group of "intended users" is identified who choose the "intended uses" for the evaluation data.

3. Impact Evaluation

The goal of an impact evaluation is to ascertain how effective an intervention is. Theoretically, this is straightforward, but the community involved in conflict resolution has not yet sufficiently defined the word "effect."

4. Action Evaluation

By encouraging stakeholders to define and track success, Action Evaluation seeks to assure the effectiveness of initiatives.

5. Macro-Evaluation

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