WSU Inc. has various options for replacing a piece of manufacturing equipment. The present value of costs for option Ell is $84,000. Option Ell has a useful life of 5 years; annual operating costs were discounted at 9%. What is the equivalent annual cost?
A) $16,800
B) $21,595.77
C) $14,035.77
D) $18,312
Answer: B
Business
You might also like to view...
The aspect of a cultural system which describes the mental characteristics of a people and the way they relate to their environment and social groups is known as ________
A) ecology B) social structure C) ideology D) anthropology
Business
Fair trade is sometimes called ________
A) managed trade B) manipulated trade C) illusory trade D) right trade
Business