The van have to be kept to justify conversion

Assignment Help Financial Management
Reference no: EM131068943

The conversion costs $2000. The Roi is 15%. The cost for cng unit equivalent to one gallon of gas is $.8 while the regular gasoline cost $1.2 per gallon. The fuel mileage of 10 miles per gallon is the same for natural gas. The mileage per year for the van is 20,000miles. How many years does the van have to be kept to justify conversion?

Reference no: EM131068943

Questions Cloud

Describe specific practices that successful project managers : Evaluate Judy Stokleys level of success in developing a culture of trust while implementing her drawdown planas Eglin Air Bases new Advanced Medium Range Air-to-Air Missile (AMRAAM) program director. Provide three (3) specific examples to support ..
Profit while innovating farm technology : Acoording to their annual report, John Deere's purpose is to earn a profit while innovating farm technology. This statement describes Deere's:
Discuss the concepts of relevant costs and incremental costs : The concept of "Cost-Benefit" permeates smart decision making and accounting principles. Discuss the concepts of relevant costs and incremental costs. How do they relate? Provide examples.
Questions to make decision about a business idea : Use the following questions to make decision about a business idea of your choice. Be sure to write out your answers...to remember your decisions and build on them.
The van have to be kept to justify conversion : The conversion costs $2000. The Roi is 15%. The cost for cng unit equivalent to one gallon of gas is $.8 while the regular gasoline cost $1.2 per gallon. The fuel mileage of 10 miles per gallon is the same for natural gas. The mileage per year for th..
Demonstrate return on the investment : When you anticipate that the facility will demonstrate a return on the investment. Need to see the formula for the ROI and how long will it take for the ROI to be realized.
Generate customer loyalty : Question 1. If you lose one customer who spends $50 per month, what is the net loss over a decade? Question 2. What is one of the benefits of treating customers fairly to generate customer loyalty?
Analyze the project team using jung theory : Describe the leadership style that Lieutenant Colonel Yaron exhibited as the commander of a battalion for theevacuation operation. Provide three (3) examples of his leadership actions and behavior. Discuss the pros and cons in each example you des..
Subjected to the largest civil penalty ever levied : Question 1. Which of the following was subjected to the largest civil penalty ever levied by the FTC as of August 2012 for privacy violations?

Reviews

Write a Review

Financial Management Questions & Answers

  Considering an annuity

You are considering an annuity that will pay you $1300 per year for 25 years, with the first payment made 15 years from now. How much are you willing to pay for the annuity if the interest rate is 2%?

  Whats the bonds yield to maturity

Analyze the 20-year, 8% coupon rate (annual payment), $1,000 par value bond. The bond currently sells for $1,318. What’s the bond’s yield to maturity?

  A bond that pays interest annually yields rate of return

A bond that pays interest annually yields a rate of return of 5.75 percent. The inflation rate for the same period is 3 percent. What is the real rate of return on this bond?

  What amount will the following investment accumulate

To what amount will the following investment accumulate? $26,580, invested today for 3 years at 18.77 percent, compounded monthly.

  What is plains overhead efficiency ratio

Plains National Bank has interest income of $250 million and interest expense of $110 million, noninterest income of $40 million and noninterest expense of $65 million on earning assets of $3,900 million. What is Plains' overhead efficiency ratio?

  Firm issued bonds several years ago

A firm issued bonds several years ago with a 8% coupon rate. Their bonds are currently trading for $950 in the market. Which of the following most likely has occurred since the time of issue?

  The dividend should grow rapidly

Simpkins Corporation does not pay any dividends because it is expanding rapidly and needs to retain all of its earnings. However, investors expect Simpkins to begin paying dividends, with the first dividend of $0.50 coming 3 years from today. what is..

  To what extent can mr papp deduct each of these payments

Mr. Papp paid the following professional fees: To CPA for preparation of Form 1040...$4,200 To CPA for preparation of federal gift tax return...900 To attorney for drafting Mr. Papp's will...7,800 To attorney for estate tax planning advice...3,000 To..

  Incremental revenue associated with price reduction of sauce

The company is currently producing and selling 250,000 jars of sauce annually. The jars of sauce sell for $4 per jar. The company is considering lowering the price to $3.60 per jar. Suppose this action will increase sales to 306,000 jars of sauce. Wh..

  What annual rate of interest must you earn

What annual rate of interest must you earn on your investment to cover the cost of your child's college education?

  The firm use to discount the projects cash flows

Titan Mining Corporation has 8.6 million shares of common stock outstanding, 300,000 shares of 5 percent preferred stock outstanding, and 160,000 7.4 percent semiannual bonds outstanding, par value $1,000 each. What is the firm’s market value capital..

  Calculate the profitability index of each given project

Calculate the Profitability Index (PI) of each project, assess its acceptability, and indicate which project is best using PI. Which of the two mutually exclusive projects would you recommend Touchtone Pty Ltd undertake? Why.

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