Business, 17.07.2019 18:10 wizz2966

Gmc purchased a $180,000 milling machine, which will be used for 5 years. the machine is expected to save the company $30,000 during the first year of operation. then, the annual savings is expected to decrease by 3% per year over the previous year due to additional cost of maintenance. the machine is to be operated 5,000 hours per year (on average) and the machine is expected to have no salvage value at the end of the 5-year project. interest is 15% compounded annually. determine the present worth, pw (15%), of all the savings in this problem. (round your answer to the nearest dollar. do not enter the $ symbol or use commas.)

Answers: 2

Show answers

Another question on Business

Business, 22.06.2019 08:30

Conor is 21 years old and just started working after college. he has opened a retirement account that pays 2.5% interest compounded monthly. he plans on making monthly deposits of $200. how much will he have in the account when he reaches 591 years of age?

Answers: 2

Answer

Business, 22.06.2019 09:50

For each of the following users of financial accounting information and managerial accounting information, specify whether the user would primarily use financial accounting information or managerial accounting information or both: 1. sec examiner 2. bookkeeping department 3. division controller 4. external auditor (public accounting firm) 5. loan officer at the company's bank 6. state tax agency auditor 7. board of directors 8. manager of the service department 9. wall street analyst 10. internal auditor 11. potential investors 12, current stockholders 13. reporter from the wall street journal 14. regional division managers

Answers: 1

Answer

Business, 22.06.2019 20:20

Digitalhealth electronics inc. is a company that builds diagnostic devices. it was the first company to develop a compact mri scanner by reconfiguring the components of the mri technology. this smaller and user-friendly version of the huge mri scanner created demand from small hospitals, nursing homes, and private practice doctors who were earlier dependent on the scanning machines in large hospitals. which of the following types of innovations does this scenario best illustrate? a. disruptive innovation b. incremental innovation c. radical innovation d. architectural innovation

Answers: 3

Answer

Business, 22.06.2019 21:30

Providing a great shopping experience to customers is one of the important objectives of purple fashions inc., a clothing store. to achieve this objective, the company has a team of committed customer service professionals whose job is to ensure that customers get exactly what they want. this scenario illustrates that purple fashions is trying to achieve

Answers: 1

Answer

You know the right answer?

Gmc purchased a $180,000 milling machine, which will be used for 5 years. the machine is expected to...

Questions