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brilliants [131]
3 years ago
6

A polisher costs $10,000 and will cost $20,000 a year to operate and maintain.If the discount rate is 10% and the polisher will

last for 5 years,what is the equivalent annual cost of the tool?
A) $17,163.04
B) $22,187.84
C) $22,637.98
D) $19,411.15
Business
1 answer:
BlackZzzverrR [31]3 years ago
7 0

Answer: $22637.98

Explanation:

Based on the information given in the question, the equivalent annual cost of the tool will be calculated as:

We first calculate the present value which will be:

= 10000 + 20000/(1+.10) + 20000/(1+.10)^2 + 20000/(1+.10)^3 + 20000/(1+.10)^4 + 20000/(1+.10)^5

= $85815.74

The the equivalent annual cost will be:

= Present Value/PVIFA(10%,5)

= 85815.74/3.7908

= $22637.98

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Technological advances are difficult to predict. One great advance can replace or substitute for existing products in a relative
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Answer:

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Explanation:

This is already happening, cell phones and tablets have already replaced digital cameras, Netflix is replacing cable TV and sooner than later cell phones and tablets will replace printed media completely.

Ask yourself, when was the last time you bought a newspaper? I haven´t bought a newspaper in years but I can also guarantee that I read more news outlets today that ever before. I can read the New York Times, The Washington Post, Sports Illustrated, etc. all on my cellphone. Using my phone is cheaper and faster (and also more ecological) than buying a printed version. In a few years probably no newspaper will have a printed edition, not even magazines will be printed anymore.

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3 years ago
MC Qu. 90 A company is planning to purchase... A company is planning to purchase a machine that will cost $30,600 with a six-yea
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Answer:

Accounting rate of return = 20.53%

Explanation:

<em>The accounting rate of return is the average annual income expressed as a percentage of the average investment.</em>

The simple rate of return can be calculated using the two formula below:

Accounting rate of return

= Annual operating income/Average investment × 100

Average investment = (Initial cost + scrap value)/2

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Answer:

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3 years ago
According to the Centers for Disease Control and Prevention, "SIDS is defined as the sudden death of an infant less than 1 year
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Answer: True

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Sudden Infant Death Syndrome (SIDS) is defined by the CDC as <em>the sudden death of an infant less than 1 year of age that cannot be explained after a thorough investigation is conducted</em>.

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3 years ago
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