A garage is comparing the cost of buying two different car hoists. Hoist A will cost $20,000, will
require servicing of $1000 every two years, and last ten years. Hoist B will cost $15,000, require
servicing of $800 per year, and last eight years. If the cost of capital is 7%, which is the better
option, given that the firm has an ongoing requirement for a hoist?
A) Hoist A, since it has a greater equivalent annual annuity.
B) Hoist A, since it has a greater present value (PV).
C) Hoist B, since it has a greater present value (PV).
D) Hoist B, since it has a greater equivalent annual annuity.
Answers: 1
Business, 22.06.2019 05:50
Emily spent her summer vacation in buenos aires, argentina, where she got plastic surgery for a fraction of what it would cost in the united states. this is an example of:
Answers: 2
Business, 22.06.2019 09:40
Microsoft's stock price peaked at 6118% of its ipo price more than 13 years after the ipo suppose that $10,000 invested in microsoft at its ipo price had been worth $600,000 (6000% of the ipo price) after exactly 13 years. what interest rate, compounded annually, does this represent? (round your answer to two decimal places.)
Answers: 1
Business, 22.06.2019 13:50
Read the following paragraph, and choose the best revision for one of its sentences.dr. blake is retiring at the end of the month. there will be an unoccupied office upon his departure, and it is big in size. because every other office is occupied, we should convert dr. blake’s office into a lounge. it is absolutely essential that this issue is discussed at the next staff meeting. (a) because every other office is occupied, it’s recommended that we should convert dr. blake’s office into a lounge. (b) because every other office is filled, we should convert dr. blake’s office into a lounge.
Answers: 2
Business, 22.06.2019 14:30
Which of the following is an example of a positive externality? a. promoting generic drugs would benefit people. b. a lower inflation rate would benefit most consumers. c. compulsory flu shots for all students prevents the spread of illness in the general public. d. singapore has adopted a comprehensive savings plan for all workers known as the central provident fund.
Answers: 1
A garage is comparing the cost of buying two different car hoists. Hoist A will cost $20,000, will
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