An investment has just been made to purchase a small cnc, Ask an Expert

Economics

An investment has just been made to purchase a small CNC lathe of $17,000. This CNC lathe will be used to make ornamental parts for sale. Receipts are estimated at $25,000 per year with costs running $20,000 per year, the salvage value is $3,000 at the end of 10 years. If the MARR is 9%, what is the present worth of this investment?

View complete question

Business Economics, Economics

Category:- Business Economics
Reference No.:- M91921744

Have any Question?Write your Review or question?

Related Questions in Business Economics

Consider the following cournot oligopolythere are two

Consider the following Cournot oligopoly: There are two identical firms in the industry, which set their quantities produced simultaneously. The two firms face a market demand curve, Q = 120 - P, in which Q = q1 + q2. Ea ...

You are the sales manager supervising a sales force of

You are the sales manager supervising a sales force of three in a kitchen appliance department. You are considering changing the compensation and would like to know if there is a significant difference in sales among the ...

Consider the market for small business loans in the context

Consider the market for small business loans. In the context of this market. How adverse selection impact lenders. How does adverse selection impact borrowers? In the context of this market provide 2 things that a lender ...

1 explain the reason for measuring government production at

1. Explain the reason for measuring government production at cost? 2. What is the main shortcoming in valuing government production in this way?

If there is an increase in demand for a service and a

If there is an increase in demand for a service, and a decrease in supply of the service, what impact will that have on the equilibrium price and quantity for the service?

Describe how government-supported big business during the

Describe how government-supported big business during the Reagan Era effected the U.S. economy and labor unions.

Briefly explain the meaning of the t-test for regression

Briefly explain the meaning of the t-test for regression analysis. How can the "rule of two" be used to evaluate t-ratios?

Why does a government undertakes expansionary fiscal

Why does a government undertakes expansionary fiscal policy? What are the problems of undertaking expansionary fiscal policy? When is fiscal policy more appropriate than monetary policy?

Your normally distributed population has a mean of 55 and a

Your normally distributed population has a mean of 55 and a standard deviation of 6. 95% of individual scores will fall between what 2 values? What percent of scores fall below 49?

A market researcher wishes to determine the proportion of

A market researcher wishes to determine the proportion of American women who shop online. The results must be accurate at the 90% level of confidence with a maximum error of 2%. Calculate the minimum sample size needed t ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Business Economics Expert