Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. show work please a local municipality is co

show work please A local municipality is considering...

60.1K

Verified Solution

Question

Accounting

show work please
image
image
image
A local municipality is considering investing $ 290,000 to upgrade a park. Based on similar investments made by similar cities, it is anticipated the investment will result in annual costs and annual benefits over a 15-year period as shown in the cash flow profile given below in thousands of dollars. Notice, an intermediate investment of $ 180,000 is anticipated in the 6th year of the investment. Based ona MARR of 3%, use benefit-cost ratio analysis to determine whether the investment should be made. (All values in thousand dollars) End-of Year Costs Benefits Net Cash Flow 0 $ 290 -$ 290 1 $ 90 $ 135 $45 2 $ 90 $ 145 $55 3 S 90 $ 155 $65 $ 90 $ 165 $75 5 S 90 $ 175 $85 6 $ 270 $ 185 -$85 7 $ 90 $ 175 $85 8 $ 90 $ 165 $75 9 $ 90 $ 155 $65 10 $ 90 $ 145 $55 11 $ 90 $ 135 $ 45 $ 12 $ 125 $ 35 90 13 $ 90 $ 115 $25 $ 14 $ 105 $ 15 Question 1 of 3 > - /25 E 90 155 10 $ 145 $ 55 90 11 $ 90 $ 135 $45 12 $ 125 $35 90 13 $ 90 $ 115 $ 25 14 $ 90 $ 105 $ 15 15 $ 90 $95 $5 Click here to access the TVM Factor Table calculator B/C

Answer & Explanation Solved by verified expert
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!
Become a Member

Other questions asked by students

Geometry
1.2K views

10 Find the exact area of the surface obtained by rotating the curve about the...

Biology
1.2K views

The Repressor protein...A. attaches to the operator region and blocks GFP gene transcriptionB. is inactivated...

Biology
1.2K views

4 Compare the effect of tourist visitation on the stress response in penguins as shown...

Physics
1.2K views

The electric field associated with a monochromatic beam becomes zero 1 2 10 5 times...

Geometry
1.2K views

D A radius of a regular polygon is a segment from the The base of...

Geometry
1.2K views

Complete the truth tables below 15 p V q 16 p r

Basic Math
1.2K views

Heights of fourth-graders are normally distributed with a mean of 52 inches and a standard...

Statistics
1.2K views

The number of chocolate chips in an 18 ounce bag of Chips Ahoy chocolate chip...

Accounting
1.2K views

Wyly Inc. produces and sells a single product. The selling price of the product is...

Accounting
1.2K views

Ali, Beck and Chris are equal partners in a partnership business engaged in shampoos. The...

Accounting
1.2K views

COMPANY BACKGROUND Scallion Ltd began business on 1 July 2022, specialising in the...

Accounting
1.2K views

Could some one please do the General Ledger and Trial Balance? Im having the hardest...