Tacozza Electric, which manufactures brush dc servo motors, budgeted $95,000 per year to pay for specific components
Question:
Tacozza Electric, which manufactures brush dc servo motors, budgeted $95,000 per year to pay for specific components over the next 5 years. If the company expects to spend $55,000 in year 1, how much of a uniform (arithmetic) increase each year is the company expecting in the cost of this part? Assume the company uses an interest rate of 10% per year.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 69% (13 reviews)
95000 5500...View the full answer
Answered By
WAHIDUL HAQUE
hello,
I'm a professional academic solution provider working as a freelance academic solution provider since 7 years. I have completed numerous projects. Help lots of students to get good marks in their exams and quizzes. I can provide any type of academic help to your homework, classwork etc, if you are a student of Accounting, Finance, Economics, Statistics. I believe in satisfying client by my work quality, rather than making one-time profit. I charge reasonable so that we make good long term relationship. why will you choose me? i am an extremely passionate, boldly honest, ethically driven and pro-active contractor that holds each of my clients in high regards throughout all my business relations. in addition, I'll always make sure that I'm giving my 100% better in every work that will be entrusted to me to be able to produce an outcome that will meet my client's standards. so if you are a student that is now reading my profile and considering me for your academic help. please feel free to look through my working history, feedback and contact me if you see or read something that interests you. I appreciate your time and consideration.
regards
4.90+
233+ Reviews
368+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Tacozza Electric, which manufactures brush dc servomotors, budgeted $75,000 per year to pay for certain components over the next 5 years. If the company expects to spend $15,000 in year 1, how much...
-
Paragon Products plc has a factory which manufactures a wide range of plastic household utensils. One of these is a plastic brush which is made from a special raw material used only for this purpose....
-
Pineapple Motor Company manufactures two types of specialty electric motors, a commercial motor and a residential motor, through two production departments, Assembly and Testing. Presently, the...
-
The bookkeeper of Cinnamon Ltd. who is usually responsible for the bank reconciliation is on holiday. Before she left she asked you to do this task for her. On March 31, you are given the bank...
-
Knowing that a 6-in.-diameter disk rolls at a constant velocity down a 2 percent incline, determine the coefficient of rolling resistance between the disk and the incline.
-
Boilard Inc. planned to report inventory of $ 50,000 based on its physical count of inventory in its warehouse at year- end, December 31, 2013. During the audit, the auditor developed the following...
-
Why is significance an important construct in the study and use of inferential statistics?
-
The manager of Moores Catalog Showroom is trying to predict how much revenue will be generated by each major department in the store during 2006. The manager has estimated the minimum and maximum...
-
The radius of a single atom of a generic element X is 185 picometers (pm) and a crystal of X has a unit cell that is body- centered cubic. Calculate the volume of the unit cell. volume: 3 m
-
In the Vista City Hospital of Problem 8, Set 8.1a, suppose that only the bed limits represent flexible goals and that all the goals have equal weights. Can all the goals be met? Problem 8 Vista City...
-
Apple Computer wants to have $2.1 billion available 5 years from now in order to finance initial production of a device that, based on your behavior, will learn how to monitor and control nearly all...
-
The future worth in year 10 of an arithmetic gradient cash flow series for years 1 through 10 is $500,000. If the gradient increase each year, G, is $3,000, determine the cash flow in year 1 at an...
-
Describe the evolution of Action Research, identify theoretical foundations associated with Action Research, compare and contrast methodologies and researcher's approaches used to implement Action...
-
Briefly summarise ONE of the recommendations made in the Report you have selected. What change did the Committee recommend, and why What is the potential impact of this change Remember to think about...
-
How do I make an outline for an APA Journal Article Review? I'm looking for a template or a format.
-
Discuss how you could apply the concepts learned in this course to your current or future career. Name at least one strategic management model discussed this term that you would use, and explain why...
-
What are the implications of time complexity and space complexity in the context of large-scale data processing, and how would you optimize for both ?
-
7. This December 2019 Wall Street Journal article graphic (at right) on outdoor recreational vehicle sales. What pivotal change happened after the recession in 2009? If you owned a business that...
-
Besides news and articles, what other forms of information or content do content providers offer?
-
You are standing at x = 9.0 km and your assistant is standing at x = 3.0 km. Lightning bolt 1 strikes at x = 0 km and lightning bolt 2 strikes at x = 12.0 km. You see the flash from bolt 2 at t = 10...
-
Determine the number of times interest would be compounded in 6 months from the interest statements (a) 18% per year, compounded monthly (b) 1% per month (c) 2% per quarter.
-
For an interest rate of 1% per 2 months, determine the number of times interest would be compounded in (a) 2 months, (b) Two semiannual periods, (c) 3 years.
-
Identify the compounding period for the following interest statements: (a) 3% per quarter; (b) 10% per year, compounded semiannually; (c) Nominal 7.2% per year, compounded monthly; (d) Effective 3.4%...
-
For a commodity, a supply function is given by, P = 2Qs + 4 a demand function is given by, P=CQD +9 (c > 0) I a. (3 points) Show that in matrix notation the equilibrium price, P, and quantity, Q,...
-
What is a job evaluation used to conduct an unbiased comparison and analysis of the utility comparison and analysis of the utility of roles within the organization? Job evaluations must be defined...
-
what is happening in each line of code? 2. a) Predict the output of the following code: def change (arr0): maxlen (arr0) arr1 = [] for i in range (max): arr1.append(arr0 [max - i - 1]) return arrl...
Study smarter with the SolutionInn App