sing ACM, determine hourly rate to charge for this scenario: Machine cost $350,000 (w/tires) Regular maintenance $20,000 per yr Tires replaced once after 3 years; cost $4,000 present and in future
sing ACM, determine hourly rate to charge for this scenario: Machine cost $350,000 (w/tires) Regular maintenance $20,000 per yr Tires replaced once after 3 years; cost $4,000 present and in future
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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sing ACM, determine hourly rate to charge for this scenario:
- Machine cost $350,000 (w/tires)
- Regular maintenance $20,000 per yr
- Tires replaced once after 3 years; cost $4,000 present and in future
- Major repair in year 3 for $10,000
- Salvage for $90,000 after 6 years
- 1,800 hrs/yr
- MARR = 6%
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