Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Super Performance Parts (SPP) produces braking devices exclusively for the Ace Motor Company, an automotive manufacturer. SPP has been leasing warehouse space at a public facility 20 miles from the company’s plant. SPP has been approached by a group of four other Ace suppliers with the idea of building a consolidated warehouse to gain transportation and material handling economies. An investment of $200,000 would be required by each of five companies to acquire the warehouse. Payment of the initial investment secures 10 years of participation in the agreement. Annual operating expenses are anticipated to be $48,000 for each party. SPP is currently charged $6,000 per month for use of the public warehouse facilities. SPP’s outbound transportation from the public warehouse often consists of LTL quantities. Its annual outbound transportation bill is currently $300,000. SPP expects consolidated warehousing to more fully utilize truckload quantities with transportation expenses shared among the supplier pool. SPP’s annual outbound bill would be reduced by 25% in the consolidated plan. Differences in inbound transportation costs are assumed negligible in this case.
Compare the storage and shipping cost associated with consolidated warehousing as opposed to SPP’s current, direct shipping plan. Are any efficiencies apparent through consolidation?
You’re prepared to make monthly payments of $200, beginning at the end of this month, into an account that pays 6.1 percent interest compounded monthly. How many payments will you have made when your account balance reaches $11,000?
A granary has two options for a conveyor used in the manufacture of grain for transporting, filling, or emptying. One conveyor can be purchased and installed for $70,000 with $3,000 salvage value after 16 years. The other can be purchased and install..
You bought a house five years ago for $400,000. At that time you borrowed 80% of its value at a fixed rate 15-year loan at an annual stated rate of 8%, with monthly payments. Should you refinance the remaining balance of your loan with the new bank? ..
Avallone’s Pool Services Co. had sales of $2 million in March and $2.2 million in April. Expected sales for the next three months are $2.4 million, $2.5 million, and $2.7 million. Avallone’s has cash receipts from other sources of $100,000 per month...
Would a multinational be able to hire values, or buy values, when staffing its subsidiary operations in your country? Why are motivational theories not universal?
You are evaluating a project for The Tiff-any golf club, guaranteed to correct that nasty slice. You estimate the sales price of The Tiff-any to be $430 per unit and sales volume to be 1,000 units in year 1; 1,500 units in year 2; and 1,325 units in ..
Your firm has an average receipt size of $145. A bank has approached you concerning a lockbox service that will decrease your total collection time by one day. You typically receive 7,100 checks per day. The daily interest rate is 0.017 percent. The ..
Explain the functions of financial markets and discuss why a dollar tomorrow cannot be worth less than a dollar the day after tomorrow.
Suppose that you will receive annual payments of $21,400 for a period of 22 years. The first payment will be made 7 years from now. If the interest rate is 7.50%, what is the value of the annuity in year 6, What is the current value of this stream of..
You want to buy a car, and a local bank will lend you $30,00. The loan will be fully amortized over 5 years (60 months), and the nominal interest rate will be 10% with interest paid monthly. what will be the monthly loan payment? What will be the loa..
What are the key components of a bank's contingency funding plan? What are the differences between the narrative section and the quantitative section?
Beginning at age 27, Kimberly invests $2000 per year for ten years and then never sets aside another penny. Kaitlyn waits ten years and then invests $2000 per year for the next 30 years. Assuming they both earn 7 percent, how much will each twin have..
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd