SLP manufacturing requires painting 8,000 sq. ft. surface area. Two kinds of paint are available whose Davis and Boysen. Davis cost Php 1.40 per sq. ft. but needs renewal at the end of 4 years while Boysen cost Php 1.80 sq. ft. If the money is worth 12% effective, how often should paint B be renewed so that it will be economical as point A? (Note: Answer in this sequence.
SLP manufacturing requires painting 8,000 sq. ft. surface area. Two kinds of paint are available whose Davis and Boysen. Davis cost Php 1.40 per sq. ft. but needs renewal at the end of 4 years while Boysen cost Php 1.80 sq. ft. If the money is worth 12% effective, how often should paint B be renewed so that it will be economical as point A? (Note: Answer in this sequence.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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SLP manufacturing requires painting 8,000 sq. ft. surface area. Two kinds of paint are available whose Davis and Boysen. Davis cost Php 1.40 per sq. ft. but needs renewal at the end of 4 years while Boysen cost Php 1.80 sq. ft. If the money is worth 12% effective, how often should paint B be renewed so that it will be economical as point A? (Note: Answer in this sequence. GIVEN > REQUIRED > CASHFLOW DIAGRAM > SOLUTION > CONCLUSION OF FINAL ANSWER. CASHFLOW DIAGRAM IS REQUIRED)
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