According to Chemical Engineering Progress (Nov. 1990), approximately 30% of all pipe work failures in chemical plants are caused by operator error.
October 24, 2018
Assume a planning horizon of four years (all three can last this long) and a MARR of 10%. The initial cost is at (year 0) and the payments are in years 1-4. Determine the present worth, future worth, and annual worth for when a) the salvage value is in year 4.
October 24, 2018

Jane Geddes Engineering Corporation purchased conveyor equipment with a list price of $10,000. Presented below are three independent cases related to the equip- ment. (Round to the nearest dollar.)

a software company that installs systems for inventory control usinf RFID technology spennt $600,000 per year for the past 3 ywears in developing its latest product. The company wants to recover its investment in 5 years beginning now. If the company signed a contract that will pay $250,000 now and amounts increasing by a uniform amountt each year through year 5, how much must the increase be each year, if the company uses an interest rate of 15% per year?
we are using Microsoft Excel to solve problems and im struggling

(Entries for Equipment Acquisitions) Jane Geddes Engineering Corporation purchased conveyor

equipment with a list price of $10,000. Presented below are three independent cases related to the equip- ment. (Round to the nearest dollar.)

(a) Geddes paid cash for the equipment 8 days after the purchase. The vendor ’s credit terms are 2/10, n/30. Assume that equipment purchases are initially recorded gross.

(b) Geddes traded in equipment with a book value of $2,000 (initial cost $8,000), and paid $9,500 in cash one month after the purchase. The old equipment could have been sold for $400 at the date of trade. (The exchange has commercial substance.)

(c) Geddes gave the vendor a $10,800 zero-interest-bearing note for the equipment on the date of pur- chase. The note was due in one year and was paid on time. Assume that the effective-interest rate in the market was 9%.

Instructions

 

"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"

Hi there! Click one of our representatives below and we will get back to you as soon as possible.

Chat with us on WhatsApp