Determine whether the one year principle would apply

Assignment Help Mechanical Engineering
Reference no: EM131356351

For each of the following cases, determine whether the one year principle would apply.

(a) A defender has been in use for seven years and has negligible salvage value. Operating costs are €40 0 per year for electricity. Once every five years it is overhauled at a cost of €1000.

(b) A defender has been in use for seven years and has negligible salvage value. Operating costs are €40 0 per year for electricity. Once a year it is overhauled at a cost of €1000.

(c) A defender has been in use for two years and has negligible salvage value. Operating costs are €40 0 per year for electricity. Once a year it is overhauled at a cost of €1000.

(d) A defender has been in use for seven years and has current salvage value of €4000. Its value one year from now is estimated to be €4000. Operating costs are €40 0 per year for electricity. Once a year it is overhauled at a cost of €1000.

(e) A defender has been in use for seven years and has current salvage value of €4000. Its value one year from now is estimated to be €2000. Operating costs are €40 0 per year for electricity. Once a year it is overhauled at a cost of €1000.

Reference no: EM131356351

Questions Cloud

Stock price and value of right : A company’s stock currently sells for $93 per share. Last week the firm issued rights to raise new equity. To purchase a new share, a stockholder must remit $31 and 3 rights. What is the ex-rights stock price? What is the price of one right?
What is the economic life of the asset : If the operating costs for an asset are S500 x 2" and the capital costs are $10 000 x (0.8)", where n is the life in years, what is the economic life of the asset?
Purchased wooden statue of conquistador : Lance Murdock purchased a wooden statue of a Conquistador for $7,000 to put in his home office 8 years ago. Lance has recently? married, and his home office is being converted into a sewing room.  What was Lance? Murdock's rate of? return, that? is, ..
Discuss about the theory-practice gap : The "theory-practice gap," as some have called it, has prevented our profession from full utilization of its knowledge base in practice, and has impeded the view of nursing as a theoretically based discipline, to its detriment.
Determine whether the one year principle would apply : A defender has been in use for seven years and has negligible salvage value. Operating costs are €40 0 per year for electricity. Once every five years it is overhauled at a cost of €1000.
How would the plant classify these items : L. Houts Plastics is a large manufacturer of injection molded plastics in North Carolina. How would the plant classify these items according to an ABC classification system
How often should gerry get a new car : If a 30% decliningbalance depreciation rate is used to estimate salvage values, and interest is 8%, how often should Gerry get a new car?
Insert a single capital letter to indicate the department : Insert a single capital letter (A through F) to indicate the department in the first list that would originate (initiate) that document.
What were the weeks of supply last year : Mattress Wholesalers, Inc., is constantly trying to reduce inventory in its supply chain. Last year, cost of goods sold was $7.5 million and inventory was $1.5 million. What were the weeks of supply last year

Reviews

Write a Review

Mechanical Engineering Questions & Answers

  Package design

Package Design Brief: Assume you are the packaging engineer for a large consumer products company. In this company, the Packaging Design Briefs are initiated by the marketing group and forwarded to the Package Engineering group.

  Mechanical engineering questions

Define dynamic viscosity, Determine the centroid, Pressure due to the height of liquid, Advantage of changing the liquid, Calculate the total moment about the hinge of the seal gate.

  Automatic control

DOF system and Find the differential equation describing the system

  Write a paper on boyle''s law

Write a paper on Boyle's law and describe Compression and Combustion stroke . Also explain Charles's law and illustrate SI engine and CI engine.

  Verify the law for parallelogram of forces

To Verify the law for parallelogram of forces, law for triangle of forces and law of polygon of forces. These laws are very useful to calculate unknown forces in very short time.

  Discharge pressure of the compressor

What is the discharge revised discharge pressure of the compressor.

  The Case for Global Accounting Standards

The role of IFRS in both developing and developed capital markets.

  Wind turbine

Wind turbines are becoming more and more common as a method of energy production, wind turbines by their very nature are dynamic and are subject to and create their own internal and external kinematics and kinetics.

  Advanced design methodologies

8 x product engineering and design review (week 2 – 12), ~3 pages per item which must contain a brief description of the product then delve into concepts such as materials selection, manufacturing methods, life cycle analysis, recyclability and overa..

  Design of absorption column and the cooler

Design of absorption column and the cooler. Process design of other units should be completed along with pipe sizes.

  Determine the maximum total bending moment

Determine maximum total bending moment (static plus dynamic) of the beam under steady-state conditions.

  Force of the water on the gate

Determine the magnitude of the horizontal and vertical components of the force of the water on the gate.

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd