the management of Londo Corporation is investigating buying a small used aircraft to use in...
70.2K
Verified Solution
Question
Accounting
the management of Londo Corporation is investigating buying a small used aircraft to use in making airborne inspections of its above-ground pipelines. the aircraft would have a useful life of 6 years. the company uses a discount rate of 13% in its capital budgeting. the net present value of the investment, excluding the intangible benefits is -$475,200. how large wpuld the annual intangible benefit have to be to be to make the investment in the aircraft financially attractive? $475,200 $118,859 $79,200 $61,776
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.