A certain machinery costs Php60,000, last 12 years with a salvage value of Php5,000. Money is worth 4% for SFM. If the owner decides to sell it after using it for 5 years, what should his price be so that he will not lose or gain financially in the transaction?

A certain machinery costs Php60,000, last 12 years with a salvage value of Php5,000. Money is worth 4% for SFM. If the owner decides to sell it after using it for 5 years, what should his price be so that he will not lose or gain financially in the transaction?

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

See similar textbooks

Related questions

Q: An engineer analyzed four independent alternatives by the present worth method. On the basis of her…

A: When using the present worth method, we want to select the alternative(s) with the highest (least…

Q: Determine the capitalized cost of a permanent roadside historical marker that has a first cost of…

A: To determine the capitalized cost of a permanent roadside historical marker, we need to account for…

Q: Question 2 The following table shows the demand curve facing a monopolist who produces at a constant…

A: 2.2 What are the firm's profit-maximizing output and price?To maximize profit, the monopolist…

Q: Which factor could contribute to the depreciation of the Canadian dollar? a A global decrease…

A: Hope this helps

Q: Consider an economy with one consumption good, 100 identical consumers and 100 identical firms. Each…

A: (a) Utility-Maximization Problem for the Representative ConsumerThe representative consumer's…

Q: The difference between a firm's assets and liabilities is its Part 2 A. implicit costs.…

A: In economics, assets are resources owned by a firm that have economic value and can be used to…

Q: Assume that each of the markets below is initially in equilibrium. Then for eachmarket below,…

A: a. Market: AirbnbsAirBnBs and hotels are substitutesWhen hotels offer discounts to customers during…

Q: Please download EURUSD spot exchange rate data from Yahoo Finance by using ‘yfinance’ module or use…

A: Let's now dive deeper into each part of the analysis, focusing on the underlying statistical and…

Q: Relate the objectives of economic planning to the objectives of NDP iii. Adhere to the economic…

A: Economic planning is a resource allocation mechanism that is contrasted with the market mechanism.…

Q: do fast

A: If you have any doubts, please ask in the comments.

Q: do 1a 1b and 1c only. for b and c show equations that show how the parameter change affects…

Q: Kenya is a relatively small exporter of wheat. Suppose at the world price of $100 per ton, wheat…

A: Question 1: What is the quantity exported under free trade and under the export subsidy?Under Free…

Q: Consider a competitive firm which uses three inputs K (capital), L (labor), and A (land) to produce…

A: Production Function:The firm's production function is given by:In the short run, land (A) is fixed,…

Q: Put the following tools used by the Bank of Canada to control the money supply in order from most…

A: The Bank of Canada, like other central banks, has several tools at its disposal to control the money…

Q: 7-12. Find the depreciation amount in the fourth year for a $50,000 asset with a six-year life using…

A: straight-line rate: 100%/6 =16.67%Double it for the declining balance rate =16.67%*2 = 33.33% Year…

Q: e NRGDP 500 目 २ 475 TOTAL EXPENDITURE (Billions of dollars) 350 350 375 400 425 450 325 TP 300 300…

A: Hope this helps

Q: Income level or GDP is Criticized as an indicator of development mainly because it take no account…

A: Gross Domestic Product (GDP) is a measure of economic activity within a country. It's the total…

Q: Question 9 1.75 pts Please refer to the following information to answer the question (in bold)…

A: Step 3: Setting up the budget constraint Raghav's total income is $40,000. After paying tuition, the…

Q: Consider the market for minivans. For each of the events listed here, identify which of the…

A: Hope this helps

Q: Can you accurately answer these, please? show detailed human working out.

A: Question 3:The GDP deflator is given by the following formula:GDPDeflator=RealGDPNominalGDP∗100…

Q: Don't use Ai and Chatgpt. Answer in step by step with explanation

A: Step 1: Reading the Graph Data:Identify the support price: The graph shows a horizontal line at…

Q: Consider the market for laptop computers in the U.S. (25 pts) Describe in words how elastic you…

A: 3. Supply and Demand Diagram & Explanation (12 points) Draw a supply and demand diagram, and…

Q: Should tobacco consumption be prohibited

A: Arguments for Prohibiting Tobacco Consumption1. Public Health BenefitsHealth Risks of Tobacco:…

Q: Answer in step by step with explanation . Don't use Ai and chatgpt. Answer in all options.

A: Economics, as a field of study, is broadly divided into two main areas: microeconomics and…

Q: 2b. Consider the scenario. The country Global-Land is really small and only has 500 In 2023 in…

A: Scenario Recap: The small country of Global-Land has a population of 500 people. In 2023, the…

Q: Not use ai please

A: Part (b) Find the Bayesian Nash Equilibrium1. Player 1's Strategies Since Player 1 knows what game…

Q: 1. There are n firms operating in the competitive market for good 2. Each firm has the cost function…

A: Problem Setup:Consumers: There are NNN consumers, half with income y1 and the rest with income y2.…

Q: Match each of the following theories with its description. (Enter a value: 1-4.) Expectations theory…

A: Here are explanations for each of the matches:1. Expectations Theory (Matches with Description…

Q: Friend Reservation Price Consumer Surplus Jake $45 SpongeBob $50 Newton $60 The table…

A: Jake:Reservation Price: $45Market Price: $40Consumer Surplus: $45 - $40 = $5 SpongeBob:Reservation…

Q: Question 8 Coursology Suppose the (non-excludable) broadcast radio program is converted into an…

A: Background on the Economic ConceptsIn economics, total surplus is the sum of consumer surplus and…

Q: D Question 4 "Knowing yourself" involves all EXCEPT which of the following? ○ Knowing your values ◇…

A: The concept of 'Knowing Yourself' is often used in the context of personal development and…

Q: Scenario Corporate social responsibility is an attitude and voluntary commitment adopted by…

A: The response provides a comprehensive overview of the various advantages that Corporate Social…

Q: Engineering Econ HW8 Q1

Q: PROFITABILITY AND THE MARKET PRICE Price, cost of free $30 Break- even price just high MC Minimum…

A: To calculate the profit or loss in the given diagram, we can use the formula: Profit (or Loss) =…

Q: On January 1, 1978, the purchasing engineering of a Cement Co. purchased a new machine at a cost of…

A: To solve this, let's break the problem into two parts:Part 1: Depreciation for the years 1978 to…

Q: If the reserve ratio is 0.25 and reserves increase by $100 million, what is the maximum possible…

A: The reserve ratio is the fraction of total deposits that a bank keeps on hand as reserves (i.e.,…

Q: Suppose that you and a friend are playing cards and you decide to make a friendly wager. The bet is…

A: Step 2: Step 3: Step 4:

Q: Consider utility function U(x, y) = √xy, income M, price px = py = 1. State your understanding of…

A: Duality of consumer choice is a fundamental concept in economics that essentially states there are…

Q: Questions

A: Approach to solving the question:Understanding and Analysis Detailed explanation:Question 3: True.…

Q: Using traditional methods it takes 11.0 hours to receive a basic driving license. A new license…

A: Step 1: Given Information and Formulation of HypothesesPopulation mean (μ) = 11.0 hoursSample mean…

Q: 8 Imagine you have a room to rent in your house / flat. Write an advert (120-150 words) for the…

A: Room for Rent in a Cozy Flat - Available November 1stI have a bright and spacious room available for…

Q: Consider a consumer with utility U(x) = log x₁ + √x2 for 2-good bundles. 1. Are the consumer's…

A: Homothetic preferences are those where the marginal rate of substitution (MRS) is homogeneous of…

Q: How much money can a production company that makes fluidized bed scrubbers spend now instead of…

A: To calculate the present value of the $190,000 expenditure in year 5, we need to discount it back to…

Q: Answer in step by step with explanation. Don't use Ai and chatgpt. Answer in all options.

A: Gustav would obtain twice the marginal utility from the concert than from the baseball game First,…

Q: Question 2. (Child Labor). Take the unisex model of fertility where a parent has tastes of the form…

A: SOLUTION.

Q: What is a common difficulty associated with all of these strategies for obtaining a competitive…

A: Approach to solving the question:Freeform Detailed explanation: A significant challenge faced by…

Q: he following graph shows total production (TP) and total expenditures (TE r a hypothetical economy.…

A: Total expenditure is equal to real GDP when equilibrium occurs. In this case, the equilibrium value…

Q: X Calibri (Bo... V ▼ 12 ▾ Aˆ A | Aa v A E Ą D BI Uab X₂ x² A LA V Z A ¶ Styles Styles Pane Dictate…

A: The uptick in same-store sales and the elimination of discounting both contribute to an increase in…

Q: Don't give ai answer it will checked

A: See above.

Q: Suppose that you and a friend are playing cards and you decide to make a friendly wager. The bet is…

Question

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

SEE SOLUTION Check out a sample Q&A here

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Similar questions

The surface area of a certain plant that requires painting is 8,300 sq. ft. Two kinds of paint are available whose brands are A and B. Paint A costs Php 1.50 per sq.ft. but needs renewal at the end of every 4 years while paint B costs PHP 1.90 per sq.ft. If money is worth 12% effective, how often should paint B be renewed so that it will be economical as paint A? a.6.465 years b.7.465 years c.5.465 years d.8.465 years
The surface are of a certain plant that requires painting is 8,000 sq. ft. Two kinds of paint are available whose brands are A and B. Paint A costs P1.40 per sq. ft. but needs renewal at the end of every 4 years, while paint B costs P1.80 per sq. ft. If money is worth 12% effective, how often should paint B be renewed so that it will be as economical as Paint A?
An existing machine in a factory has an annual maintenance cost of 40,000 pesos. A new and more efficient machine will require an investment of 90,000 pesos and is estimated to have a salvage value of 30,000 pesos at the end of 8 years. Its annual expenses for maintenance total to 22,000 pesos. If the company expects to earn 12% on its investment, will it be worthwhile to purchase the new machine using the a) present worth method?
A newly married couple bought a stove by paying 30 monthly instalments of RM 60. The cash price of the stove is RM 1230. However, the couple decides to settle the balance immediately after paying for 2 years. How much should the couple pay using the Rule of 78?
Engr. Collado is using a 10% annual interest rate to decide if it should by cement mixer A with a gasoline engine or Cement Mixer B with a diesel engine. Equipment A Equipment B INITIAL COST Php 57500 Php 85800 LIFESPAN 10 years 10 years ANNUAL OPERATING COST Php 18000 Php 18000 ANNUAL REPAIR COST Php 20000 Php 10000 SALVAGE VALUE Php 0 Php 19000 Which of the two is more economical in the long run?
A business executive is offered a management job at Generous Electric Company, which offers him a 5-contractyear that calls for a salary of $62,000 per year, plus 600 shares of GE stock at the end of the 5 years. This executive is currently employed by Fearless Bus Company, which also has offered him a 5-year contract. It calls for a salary of $65,000, plus 100 shares of Fearless stock each year. The Fearless stock is currently worth $60 per share and pays an annual dividend of $2 per share. Assume end-of-year payments of salary and stock. Stock dividends begin one year after the stock is received. The executive believes that the value of the stock and the dividend will remain constant. If the executive considers 9% a suitable rate of return in this situation, what must the Generous Electric stock be worth per share to make the two offers equally attractive? Use the future worth analysis method in your comparison.
The surface of a certain building that requires painting is 2,000 sq.meter. Two kinds of paint are available whose brands are A and B. Paint A costs P10.50 per sq.m. but needs renewal at the end of 4 years, while paint B costs P15.00 per sq. meter. If money is worth 12% effective, how often should paint B be renewed so that it will be as economical as Paint A? Show full solution
Pls answer asap. Thank you .. I will rate helpful
A ₱2500 computer system can be leased for ₱79 per month for 3 years. After 3 years, it can be purchased for ₱750. This is also the salvage value if the system was purchased originally. What is the effective annual rate for leasing the computer? Solutions manual with formula we are used. Without using Microsoft Excel.
Qs 15: Which one of the following statement regarding Factor of Production is correct? (a) It is the input that a firm uses in the production process. (b) It is the output which is produced in the production process. (c) It is the additional input that is required to achieve the maximum output. (d) It is the ratio of the output to that of the input of the production process.
Buying Equipment 1 from XYZ company and company ABC will give the production similar productivity input of 400,000.00 per year. The equipment from company XYZ has a purchase price of 200,000.00, annual maintenance of 5,000.00, and production life of 10 years, while the equipment from company ABC has a purchase price of 100,000.00, annual maintenance of 2,000.00, and production life of 12. Using present worth method, what is the present values of their purchase profit? Use MARR of 20%
Buying Equipment 1 from XYZ company and company ABC will give the production similar productivity input of 400,000.00 per year. The equipment from company XYZ has a purchase price of 200,000.00, annual maintenance of 5,000.00, and production life of 10 years, while the equipment from company ABC has a purchase price of 100,000.00, annual maintenance of 2,000.00, and production life of 12. Using present worth method, what is the total present worth of each alternatives? Use MARR of 20%