What is the equivalent annual cost of the tool

Assignment Help Accounting Basics
Reference no: EM133177228

Question - A precision lathe costs $10,900 and will cost $24,500 a year to operate and maintain. If the discount rate is 13% and the lathe will last for 6 years, what is the equivalent annual cost of the tool?

Reference no: EM133177228

Questions Cloud

Define essential services : Why is the debate around 'the right to strike in the public sector' so important? In your response, be sure to define essential services, give examples of occup
Decision style analysis reflective report assessment : Decision Style Analysis Reflective report Assessment - Critically examine emerging tools and technologies for decision making
International Trade : Imagine a Free Trade Area of the Americas that would join Canada and the United States with Latin American countries,
Environment and Population : Dozens of poor states appear to be stuck midway through the demographic transition: Death rates have fallen, birthrates remain high,
What is the equivalent annual cost of the tool : A precision lathe costs $10,900 and will cost $24,500 a year to operate and maintain. What is the equivalent annual cost of the tool
What is the size of the final payment : A loan of $38300 is repaid by payments of $600 at the end of every quarter. Interest is 4% compounded quarterly. What is the size of the final payment
Suggestion about making the course better : 1. If you have attended classes regularly, please provide one suggestion about making the course better. Explain why.
International Trade : Imagine a Free Trade Area of the Americas that would join Canada and the United States with Latin American countries,
International organization and law and human rights : Although international norms concerning human rights are becoming stronger, China and many other states continue to consider human rights

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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