This topic contains a solution. Click here to go to the answer

Author Question: Griffith Vehicle has received three proposals for its new vehicle-painting machine. Information on ... (Read 39 times)

ts19998

  • Hero Member
  • *****
  • Posts: 531
Griffith Vehicle has received three proposals for its new vehicle-painting machine. Information on each proposal is as follows:

Proposal XProposal YProposal Z
Initial investment in equipment$240,000$150,000$190,000
Working capital needed0010,000
Annual cash saved by operations:
   Year 180,00050,00080,000
   Year 280,00042,000           80,000 
   Year 380,00046,00080,000
   Year 480,00024,00080,000
Salvage value end of year:
   Year 1100,00080,00060,000
   Year 280,00060,00050,000
   Year 340,00040,00030,000
   Year 410,00020,00015,000
Working capital returned0010,000
 
Required: 
Determine each proposal's payback.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by ts19998 on Mar 6, 2021

lauravaras

  • Sr. Member
  • ****
  • Posts: 347
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 64% of students answer this correctly




ts19998

  • Member
  • Posts: 531
Reply 2 on: Mar 6, 2021
Wow, this really help


miss.ashley

  • Member
  • Posts: 371
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

For a complete list of videos, visit our video library