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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Two ecotaxis companies A and B handle different rates. Company A has a rate of $ 8.5, the cost of the flag is $ 4.6 the cost per kilometer traveled. Company B charges $ 6.75 for the flag and $ 5.2 for the cost of each kilometer traveled. Decide which two of the following statements are valid for this situation a) The cost of both companies coincides at 35/12 km b) The cost of the trip with company B is cheaper than company A regardless of the distance traveled c) With a cost of 30 pesos you can go further with company A
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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
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The officers of a high school senior class are planning to rent buses and vans for a class trip. Each bus can transport 72 students, requires 5 chaperones, and costs $1,400 to rent. Each van can transport 8 students, requires 1 chaperone, and costs $120 to rent. Since there are 432 students in the senior class that may be eligible to go on the trip, the officers must plan to accommodate at least 432 students. Since only 50 parents have volunteered to serve as chaperones, the officers must plan to use at most 50 chaperones. How many vehicles of each type should the officers rent in order to minimize the transportation costs? What are the minimal transportation costs? The officers should rent buses and The minimal transportation costs are $ vans to minimize the transportation costs.
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