Estimated that certain piece of equipment

Assignment Help Business Economics
Reference no: EM131246511

It is estimated that a certain piece of equipment can save $6,000 per year in labor and material cost. The equipment has an expected life of five years and no salvage value. If the company must earn a 15% annual return on such investments, how much could be justified now for the purchase of this piece of equipment?

Reference no: EM131246511

Questions Cloud

Analyze the history of changes in gdp : Analyze the history of changes in GDP, savings, investment, real interest rates, and unemployment and compare to forecast for the next five years.
Compare and contrast the two types of amnesia : Cara is 17 years old. Cara's mother and father both drink alcohol every night. They tell Cara that ?drinking is bad and she shouldn't do it. Cara goes to a party where beer is being served. What do you think Cara will do? Why?
Find the nash equilibria of the entire game : In the second stage the show they will see is determined by the following Battle of the Sexes game
Government get the central bank : Why doesn't the government get the central bank to wait until after the refinancing before increasing interest rates, so as to minimize its interest costs?
Estimated that certain piece of equipment : It is estimated that a certain piece of equipment can save $6,000 per year in labor and material cost. The equipment has an expected life of five years and no salvage value. If the company must earn a 15% annual return on such investments, how much c..
Why is earned value methodology important : RESEARCH TOPIC - Why is Earned Value Methodology important? Why is Project Procurement Management important
What advice for finding a job : What advice for finding a job would you give someone who is frictionally unemployed? What advice would you give someone who is structurally unemployed? What advice would you give someone who is cyclically unemployed?
Which market do you think would be the most interesting : An experience you have with market structure or firm structure you would like to share, Answer this question: If you could spend time with the key decision-makers in a major market, which market do you think would be the most interesting and why?
What are the pure-strategy sets for each player : Show that for any behavioral strategy for player 1 there is a mixed strategy that leads to the same distribution over the terminal nodes regardless of the strategy chosen by player 2.

Reviews

Write a Review

Business Economics Questions & Answers

  Economics assignment

This document contains various important questions and their appropriate answers in the subject field of Economics.

  Demand and supply curves

Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.

  Long-run perfectly competitive equilibrium for the firm

Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..

  Supply and demand diagrams

Explain each of the following using supply and demand diagrams,  With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.

  Case study: fisher-price toys

The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.

  Draw the production possibility curve

Draw the production possibility curve and a. Define consumer surplus and producer surplus.

  Tax revenue

The Australian government administers two programs that affect the market for cigarettes

  Maximize total welfare

How many tickets to sell to maximize total welfare.

  Difference between the cv and the ev

The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled

  Depict von neumann-morgenstern utility index u in a diagram

Depict the von Neumann-Morgenstern utility index u in a diagram

  What is the market solution

What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution

  Calculate gross national product and net national product

Calculate gross national product and net national product

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