A contract between BF Goodrich and the Steelworkers Union of America called for the company to spend
Question:
A contract between BF Goodrich and the Steelworkers Union of America called for the company to spend $100 million in capital investment to keep the facilities competitive. The contract also required the company to provide buyout packages for 400 workers. If the average buyout package is $100,000 and the company is able to reduce costs by $20 million per year, what rate of return will the company make over a 10-year period? Assume all of the company's expenditures occur at time 0 and the savings begin 1 year later.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 45% (11 reviews)
In 1 million units 0 1004000120PAi10 Or 0 140 20PAi10 Or PAi10 70 Now from interest table following 7 and 8 table we can see the particular PA value f...View the full answer
Answered By
TIRTHANKAR JANA
Presently I'm working as an expert for solving different Electrical engineering related problems. I have two years experience of tutoring so many students throughout the globe, helping them in practical problems. I love teaching. I have guided so many students in their projects (especially who seeks help in IOT, ARDUINO, prcatical power station related problems ETAP, PSIM). I'm proficient in simulation tools and the students who wants to have mastery over practical or experimental problems should contact me. I believe education is the manifestation of perfection already in man so a teacher only can help to rediscover their own perfection. I'm hard working and self disciplined. My area of interests also includes Power system, Control system, Electrical Machine, Engineering Math. I believe in learning in friendly atmosphere where students can air their own views easily. I would love to help and guide you here and would like to share my experiences so that you can achieve your best .