None A small town is evaluating a proposal to build a new publiclibrary. They estimate the benefit to the community to beworth $4,500,000. Contractors have estimated a net cost tobuild the library to be $3,600,000. Should they build thepublic library?A. 1.25 and YesB. 1.25 and NoC. 0.8 and YesD. 0.8 and No

In economics, the decision to undertake a project, such as building a public library, is often…

Answered: A small town is evaluating a proposal…

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter9: Accounting For Receivables

Section: Chapter Questions

Problem 5TP: You own a construction company and have recently received a contract with the local school district...

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A city council is considering converting an old industrial lot into a public recreation center. They estimate the benefit to the community to be worth $2,000,000. Contractors have estimated a net cost to build the recreation center and to refurbish the property to be $3,100,000. Should they proceed with the project? A. 0.65 and Yes B. 0.65 and No C. 1.55 and Yes D. 1.55 and No. MCQ
A city council is considering converting an old industrial lot into a public recreation center. They estimate the benefit to the community to be worth $2,000,000. Contractors have estimated a net cost to build the recreation center and to refurbish the property to be $3,100,000. Should they proceed with the project? A. 0.65 and Yes B. 0.65 and No C. 1.55 and Yes D. 1.55 and No
subject?? general accounting
i want to answer of this Question of Accounting Subject please solve it fast as posible
Question: A community wants to create a park on some vacant property on the outskirts of the town (zoned commercial). They estimate the benefit to the community to be worth $1,500,000. Contractors have estimated a net cost to build the park and to rezone the property to be $2,300,00. Should they build the park? A. 0.65 and Yes B. 0.65 and No C. 1.53 and Yes D. 1.53 and No
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A community public works project will cost $92,000 and will benefit five different individuals. Individual Individual Benefit ($) Individual Cost ($) 1 4,500 6,000 2 18,500 15,000 3 19,000 17,000 4 30,000 24,000 5 29,000 30,000 Is this project economically feasible? Please show work in an Excel spreadsheet that lists the benefit for each individual. Would this project be approved by a majority at a community referendum?
The city of Bloomington is deciding if they are going to be able to justify an additional street light. The cost of the light to install is $14,000. City officials believe it will reduce the death rate at that intersection from 1.0% to 0.6%. Our guideline for valuing human life is $8M per person. What is the net of this cost benefit proposal? A. 32,000 B. 18,000 C. (18,000) D. (32,000)
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A city needs a new pedestrian bridge over a local stream. The city uses an interest rate of 5%, and the project life is 30 years. The following data (in millions of dollars) summarizes the bids that were received. Bid A $4.20 |Bid B Construction materials costs $6.20 Construction labor costs 0.60 0.70 Construction overhead costs 0.35 0.03 Initial administrative and legal costs|0.60 0.01 D- 94 Annual operating costs Annual revenue from operation 0.075 Unknown 0.40 0.25 0.05 Other annual benefits to the city 0.22 What would the annual revenue of Bid A have to be for the two projects to be equivalent? Choose the closest value. (a) 0.10 (b) 0.20 (c) 0.30 (d) 0.40
V3. A school district considers two alternative plans for an athletic stadium. An engineer makes the following cost estimates for each: Concrete Bleachers. First cost, $350,000. Life is 90 years. Annual maintenance cost $2,500. Wooden Bleachers on Earth Fill. First cost, $200,000. Life is 90 years. Painting cost $12,000 every 10 years. New seats costs $40,000 every 15 years and new bleachers cost $100,000 every 30 years (don’t include replacing the bleachers in year 90). Compare equivalent uniform annual costs for a 90-year period using i = 7% compounded annually. (Which one would you choose?)

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