Find equivalent uniform annual cost of the grinding machine

Assignment Help Microeconomics
Reference no: EM132192574

Question: A grinding machine has a first cost of $24,000 with an expected useful life of 13 years. Salvage value at the end of its useful life is estimated to be $8,000. Annual maintenance expenses are $350. What is the equivalent uniform annual cost of the grinding machine?

Reference no: EM132192574

Questions Cloud

How would in the display a list of all the data contained : A display the number of sales for this category. How would you delete all the tables from the JustLee Database?
Directors in the strategic implementation process : What roles are played by the shareholders, upper management, and the board of directors in the strategic implementation process?
What are three major differences between torts and crimes : What are three major differences between torts and crimes? Discuss in detail the factors that complicate the job of international human resource managers.
Mechanisms in the strategic implementation process : What is the importance of control mechanisms in the strategic implementation process?
Find equivalent uniform annual cost of the grinding machine : A grinding machine has a first cost of $24,000 with an expected useful life of 13 years. Salvage value at the end of its useful life is estimated to be $8,000.
Identify an existing organisational behaviour issue : research and analyse an organisational behaviour issue within the specific context of their own workplace or industry - This is where you discuss any actions
What would the components of the development be : What would the components of the development be in an early learning(1st - 3rd) website environment be?
Find the maximum value in the designated column : Calculate the sum of the elements in that row, and output it with a label, for the user to see (2) Get user input of a column index (0 to 7).
What is the main idea in the video : What is the main idea in this video? How has viewing this video changed your view of marketing companies whose chocolate products we buy?

Reviews

Write a Review

Microeconomics Questions & Answers

  What is the standard deviation of the launch price

The manager of the aerospace division of General Aeronautics has estimated the price it can charge for providing satellite launch services to commercial firms. Her most optimistic estimate (a price not expected to be exceeded more than 10 percent ..

  Discussions of commodity-money and the gold standard

In the trade based model, the supply of a country’s currency in foreign exchange markets is primarily a function of. What does “redemption” refer to in discussions of commodity-money and the Gold Standard? What does it mean when a currency “floats?”

  Compute steve after-tax rate of return

The Lynch Bull investment company suggests that Steven Comstock, a wealthy New York City investor (his incremental income tax rate is 35%).

  The employees at warren manufacturing company are unionized

The employees at Warren Manufacturing Company are unionized. As minimum requirements, the union members insist on keeping a work force of at least 300 workers, and accepting an hourly wage rate of no less than $8. Beyond those minimum requirem..

  Calculate the profit-maximizing quantity

A medical device company has a monopoly on a certain class of cardiac implants. Demand for the implants is given by P=28000-5Q and marginal revenue is given by MR=28000-10Q. The total fixed costs for the implants division is 50000 and the marginal co..

  Explain saving rate is always equal to the investment rate

Using the information in this chapter, label each of the following statements true, false, or uncertain. Explain briefly. The saving rate is always equal to the investment rate.

  How to maintain the collusive agreement

Return again to the cartel in Problems 4 and 5. Now suppose that the market game repeated indefinitely. What is the discount factor (sigma) is necessary now in order to maintain the collusive agreement in an indenitely repeated setting

  What are the flows in the market economy

What are the flows in the market economy that go from firms to households and the flows from households to firms? The response must be typed.

  Why might some managers want price controls

Why might some managers want price controls? Why don't they get together and control prices themselves (if it were legal)?

  Which benefits exceed the costs might not occur

Explain the various major reasons why the quantity of education in a country would likely be less than the efficient amount in the absence of any government intervention. Include a carefully labeled and well-explained supply-demand diagram that sh..

  Explain three major cross-cultural differences which would

write an essay suggested length 3-5 pages in which you do the followinga. discuss three major cross-cultural

  Why evaluations of microfinance programs might be unsound

Provide and explain at least three reasons why statistical evaluations of microfi nance programs might be unsound.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd