Please don't provide handwritten solution .... Penn Corp. is expanding and expects operating cash flows of $34,000 a year for 3 years as a result. This expansion requires $28,000 in new fixed assets. Theseassets will be worthless at the end of the project. In addition, the project requires $18,000 of net working capital which will be recouped when the project ends.What is the net present value of this expansion project at a required rate of return of 8 percent?$30,321.43$42,920.24O$48,720.39O $55,910.28< PreviousNext ▸

The net present value of a project can be calculated using the formulawhere,Ct is the cash flow, r…

Answered: Penn Corp. is expanding and expects…

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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Jim works as a travelling sales representative. He needs to plan his next business trip to Port Hedland, which he anticipates will take him away from the office for 3 or 4 days. Due to other work commitments, he is not sure whether he can make the trip by the end of this month or early next month. He plans to fly to Port Hedland and use a hire car to travel when he arrives. Jim's boss has asked him to supply documentation detailing the anticipated costs for the hire car, based on the following quotes received. A1 Rentals $35 per day plus 28c per kilometre of travel Cut Price Rentals $28 per day plus 30c per kilometre of travel 1
Write a complete solution including all necessary calculations, formulas, and a listing of all variables and their values Compare by % age boys test scores in Canada to boys test scores in Japan. Compare by %age girls test scores in South Korea to girls test scores in Russia
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Sara is a 57-year-old graphic designer who wants to retire 5 years from now. She earns $54,000/year and does not expect any raises if she stays in her job. Her daughter has told her about a new job opportunity that would offer a much higher salary, but to become eligible Sara would need to quit her job and spend a year taking classes. If she did that, next year she would earn $0 and pay $42,000 in tuition, and then she would earn $81,000/year for the final 4 years of her career. Sara likes the duties of the two jobs equally well, so this is strictly a financial issue for her. The interest rate is r. Question: How will she decide? Write down the calculation she will make. Would she be more likely to change jobs if the interest rate were higher or lower?
Mr. Saleh is one of the school canteen operators who joined The Supplementary Food Plan (RMT) organized by the Ministry of Education Malaysia. Assuming that each RMT student has been allocated RM3-RM4 for his meal per day. Due to that, Mr. Saleh needs to prepare one meal set consisting of one chicken rice and a box of milk for each RMT student. The raw cost of one week of meal preparation for 20 RMT students is as much as RM330 while for 100 RMT students are RM1650. The cost of chicken rice is twice the cost of the milk. Write simultaneous equations for the above situation. а. b. With the substitution method, determine the cost for chicken rice. с. With the elimination method, find the cost of each milk. d. Determine the raw cost of each RMT meal. Calculate the maximum number of RMT students that can be allocated if the weekly budget is RM2500. е.
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Luke Thorndike, founder and current president of Thorndike Sports Equipment, had guided the business through 34 successful years and was now interested in bringing his favorite grandson Ted into the company. The elder Thorndike, possessed of a sharp but fading wit, begins the meeting with, “Great to see you, Ted. You always were a high-strung kid. Thought you might like to join our tennis racquet division.” Ted counters, “Not quite, but you’re getting warm, Luke.” The Thorndikes have always been a strange bunch. “Seriously, Ted, I’m getting a little up in years, the microcomputer I bought myself for Christ- mas is collecting dust, and I think you and your business degree could bring some new blood to the company. I’d like you to be my executive vice president. I’ve been running this outfit by the seat of my pants for a lot of years now, and the world just seems to be getting too big and too complicated these days. I’ve got index cards and file folders just about piled up to the ceiling…
The Metropolitan Bus Company (MBC) purchases diesel fuel from American PetroleumSupply. In addition to the fuel cost, American Petroleum Supply charges MBC $250 perorder to cover the expenses of delivering and transferring the fuel to MBC’s storage tanks.The lead time for a new shipment from American Petroleum is 10 days; the cost of holding a gallon of fuel in the storage tanks is $0.04 per month, or $0.48 per year; and annualfuel usage is 150,000 gallons. MBC buses operate 300 days a year.a. What is the optimal order quantity for MBC?b. How frequently should MBC order to replenish the gasoline supply?c. The MBC storage tanks have a capacity of 15,000 gallons. Should MBC considerexpanding the capacity of its storage tanks?d. What is the reorder point?
Nathan's house is totally damaged by Hurricane Sandy. He has to rent an apartment, which costs him $1000/month. His normal expense for meal is $400/month, but now he spends $600/month for meal. His normal expense for laundry is $100/month, but now he spends $200/month for laundry. Assume his other expenses do not change. How much compensation can Nathan get from his HO-3 Policy, Coverage D (Additional living expenses) per month? O a. $1,800 O b. $1,500 O c. $1,300 O d. $300

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