SABIC purchased a machine for SA 120,000. The machine can be used for two years with salvage value of SR 20,000. The machine will be used for 4000 hours in the first year and 3000 hours in the second year. The saving in the operating cost is expected to be SA 90,000 in the first year and SR 70,000 in the second year. SABICS MARR s 12%. What is the equivalent saving per hour? SR 4.59 SA 3.14 O SR 4.83 SR 5.38
SABIC purchased a machine for SA 120,000. The machine can be used for two years with salvage value of SR 20,000. The machine will be used for 4000 hours in the first year and 3000 hours in the second year. The saving in the operating cost is expected to be SA 90,000 in the first year and SR 70,000 in the second year. SABICS MARR s 12%. What is the equivalent saving per hour? SR 4.59 SA 3.14 O SR 4.83 SR 5.38
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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SABIC purchased a machine for SA 120,000. The machine can be used for two years with salvage value of SR 20,000. The machine will be used for 4000 hours in the first year and 3000 hours in the second year. The saving in the operating cost is expected to be SA 90,000 in the first year and SR 70,000 in the second year. SABICS MARR s 12%. What is the equivalent saving per hour?
SR 4.59
SA 3.14
O SR 4.83
SR 5.38
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