In the evaluation of a project to provide maintenance services, it is estimated It is...
60.1K
Verified Solution
Question
Accounting
In the evaluation of a project to provide maintenance services, it is estimated It is necessary to invest $270,000 in type A machines and $140.00 in type B machines. While the former have an estimated duration of 12 years, the latter They must be replaced every six years. All machines depreciate in 10 years. Type A machines can sell for $30,000 at the end of their actual useful lives. The unique market information for type B machines is that, with 8 years of antique, others have sold for $20,000. The company must build facilities at a cost of $160,000, which have the possibility of depreciation in 40 years. After 10 years, it is estimated that it could be disassembled and sold for 70% of what they cost. To carry out the project, $22.00 will be invested in working capital. The tax rate is 17% and the return rate is 12%. It is estimated that the the annual income would amount to $150,000 and that the company must assume the following total annual costs:
With this information, calculate for the end of the tenth year a) The scrap value by the accounting method, and the capital recovery of worked\begin{tabular}{|l|r|} \hline Remunerations & 20000 \\ \hline materials & 18000 \\ \hline Spare parts & 3000 \\ \hline energy & 4000 \\ \hline insurance & 1000 \\ \hline land lease & 4000 \\ \hline \end{tabular} \begin{tabular}{|l|r|} \hline Remunerations & 20000 \\ \hline materials & 18000 \\ \hline Spare parts & 3000 \\ \hline energy & 4000 \\ \hline insurance & 1000 \\ \hline land lease & 4000 \\ \hline \end{tabular}
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.