The White Swan Talc Company paid $120,000 for miningequipment for a small talc mine. The mining engineer's reportindicates the mine contains 40,000 cubic meters of commercial-quality talc. The company plans to mine all the talc in the next 5years as follows:Year Talc Production (m³)115,00011,0004,0006,00024154,000At the end of 5 years, the mine will be exhausted and the miningequipment will be worthless. The company accountant must nowdecide whether to use double declining balance depreciation or unit-of-production depreciation. The company considers 15% to be anappropriate time value of money.(a) Which would you recommend? How much better is the presentworth for the recommended choice?3.

Under the SYD technique, the depreciation rate for every year is determined as the number of years…

The White Swan Talc Company paid $120,000 for mining equipment for a small talc mine. The mining engineer's report indicates the mine contains 40,000 cubic meters of commercial- quality talc. The company plans to mine all the talc in the next 5 years as follows: Year Talc Production (m³) 15,000 11,000 2 4,000 6,000 4

The White Swan Talc Company paid $120,000 for mining equipment for a small talc mine. The mining engineer's report indicates the mine contains 40,000 cubic meters of commercial- quality talc. The company plans to mine all the talc in the next 5 years as follows: Year Talc Production (m³) 15,000 11,000 2 4,000 6,000 4

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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