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Question - The city of Angola, Indiana is considering building a snowmobile trail on the land owned by the city. The life of the project is assumed to be 20 years. Building the trail would require an investment of $140,000 from the public funds. The annual maintenance would require an additional $25,000 per year. The annual benefits to the public of using the trail are estimated to be equivalent to $40,000 per year. After 20 years, the city will sell the right to operate the trail to the Angola Snowmobile Club, Inc. for $10,000.
Compute a MODIFIED B-C ratio, using the present worth method, for the project, determine whether it should be accepted, and explain why. Make sure you use the formula appropriate for the modified B-C ratio. Assume 4% cost of capital.
youve been asked to assess certain risks of an organization and quantify their potential impact on the organizations
Complete the necessary journal entry by selecting the account names from the drop-down menus and entering the dollar amounts in the debit or credit columns.
Joe does not take § 179 or additional first year depreciation. What is Joe's MACRS depreciation for the van for 2017
Report on TWO "cultural experience" visits you made during this month. (DC, Maryland, Virgina area) After each visit, write a 500 word report about the visit and what you learned.
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Sammy County is preparing financial statements for the year ended December 31, 2012. Based on the following facts, prepare journal entries to record the appropriate year end revenue accruals and other adjustments in the county, General Fund.
Investment in available-for-sale securities. On December 31, the bonds had a fair value of $202,700. The entry to record the year-end adjustment is
Change the ordering simulation in Example 12.8 so that the lead time can be 1, 2, 3, or 4 weeks with probabilities 0.5, 0.2, 0.2, and 0.1, respectively.
crispy crust pizzeria is a privately owned restaurant chain with over 750 locations nationwide. the company has
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