Managers at Eller Manufacturing are considering purchasing a new refrigerated delivery truck that Adaptive Practice Managerial, 8e will produce equal annual cash flows of $36,000 for 6 years. The trucks net present value is $12,780, its c is $144,000, its useful life is 6 years, and its annual depreciation expense (no salvage value) įs$24,000, what is the discount rate used by Eller to evaluate this project? Present Value of an Annuity of 1
Col1 Period 8% 9% 10% 11% 12% 15%
Col2 6 4.623 4.486 4.355 4.231 4.111 3.784
A. 11%
B: 12%
C) 1096
D) 9%
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Managers at Eller Manufacturing are considering purchasing a new refrigerated delivery truck that Adaptive Practice Managerial, 8e will ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
When choosing a business forma. The corporate form is always the best, as evidence by this being the form of the largest organizations! b. Partnerships are the best because they have all the benefits of both corporations and partnerships! c.
Answers (1)
What are some agricultural specialties in brazil, colombia, chile, and argentina? (list one for each?
Answers (1)
Exercise 7-11A Accounting for notes receivable LO 7-5Rainey Enterprises loaned $50,000 to Small Co. on June 1, Year 1, for one year at 7 percent interest. Requireda.
Answers (1)
The Kraig Corporation manufactures custom-made purses. The following data pertains to Job XY5: Direct materials placed into production $4,000 Direct labor hours worked 50 hours Direct labor rate per hour $15 Machine hours worked 100 hours Plantwide
Answers (1)
Peter Billington Stereo, Inc., supplies car radios to auto manufacturers and is going to open a new plant. The company is undecided between Detroit and Dallas as the site.
Answers (1)
New Questions in Business
Many people have argued that an income tax should be "marriage neutral," that is, two people should pay the same total tax whether they are married or they are single.
Answers (1)
Which company developed the first commercially successful computer? a. ibm b. apple c. amazon d. microsoft
Answers (1)
One of the best networking traits you can develop is
Answers (1)
The Bacon Company acquired new machinery with a price of $15,200 by trading in similar old machinery and paying $12,700. The old machinery originally cost $9,000 and had accumulated depreciation of $5,000.
Answers (1)
Which of these is an example of a tax on consumption?
Answers (1)