Westland Manufacturing spends $20,000 to update the lighting in its factory to more energy-efficient LED fixtures. This
Question:
Westland Manufacturing spends $20,000 to update the lighting in its factory to more energy-efficient LED fixtures. This will save the company $4,000 per year in electricity costs. The company estimates that these fixtures will last for 10 years. If the company’s cost of funds is 8%, what is the PI of this project?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (4 reviews)
The investments in a project include 1 The initial cos...View the full answer
Answered By
James Warinda
Hi! I’m James Otieno and I'm an experienced professional online tutor with countless hours of success in tutoring many subjects in different disciplines. Specifically, I have handled general management and general business as a tutor in Chegg, Help in Homework and Trans tutor accounts.
I believe that my experience has made me the perfect tutor for students of all ages, so I'm confident I can help you too with finding the solution to your problems. In addition, my approach is compatible with most educational methods and philosophies which means it will be easy for you to find a way in which we can work on things together. In addition, my long experience in the educational field has allowed me to develop a unique approach that is both productive and enjoyable.
I have tutored in course hero for quite some time and was among the top tutors awarded having high helpful rates and reviews. In addition, I have also been lucky enough to be nominated a finalist for the 2nd annual course hero award and the best tutor of the month in may 2022.
I will make sure that any student of yours will have an amazing time at learning with me, because I really care about helping people achieve their goals so if you don't have any worries or concerns whatsoever you should place your trust on me and let me help you get every single thing that you're looking for and more.
In my experience, I have observed that students tend to reach their potential in academics very easily when they are tutored by someone who is extremely dedicated to their academic career not just as a businessman but as a human being in general.
I have successfully tutored many students from different grades and from all sorts of backgrounds, so I'm confident I can help anyone find the solution to their problems and achieve
0.00
0 Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
If Westland Manufacturing finds that its cost of funds is 11%, what will happen to the NPV of the project in problem 2? Data from problem 2 Westland Manufacturing spends $20,000 to update the...
-
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
-
The City of San Jose must replace a number of its concrete mixer trucks with new trucks. It has received two bids and has evaluated closely the performance characteristics of the various trucks. The...
-
Your company has just been names in as a defendant in a lawsuit because of an accident. The plaintiff is suing for $400,000 in damages. You have contacted legal counsel and the attorneys have advised...
-
Use an induction argument to prove Theorem 2.6.1.
-
Given the following null and alternative hypotheses and level of significance together with the sample information conduct the appropriate hypothesis test using the p -value approach. What conclusion...
-
Construct a binomial tree \(\left(u=\frac{1}{d} ight)\) with three quarters for an asset with present value \(\$ 100\). If \(r=0.1\) and \(\sigma=0.4\), using the tree compute the prices of: (a) A...
-
Two new alternatives have come up for expanding Grandmothers Chicken Restaurant (see Solved Problem 2). They involve more automation in the kitchen and feature a special cooking process that retains...
-
Superior Company provided the following data for the year ended December 31 (all raw materials are used in production as direct materials): Selling expenses Purchases of raw materials Direct labor...
-
1. McDonalds is a strong global brand, does their variety of food throughout the world help to strengthen or weaken their positioning and brand image? 2 . From a cost and logistics perspective, would...
-
When cash outflows occur during more than one time period, ________. a. The projects NPV will definitely be negative b. The project can have multiple IRRs c. The project should not be done d. The...
-
The IRR method assumes that ________. a. Cash flows are reinvested at the firms cost of attracting funds when they are received b. Cash flows of a project are never reinvested c. Cash flows are...
-
1. What are the potential advantages and disadvantages of entering into these power-by-the-mile arrangements? 2. What should be done if the problem with the locomotives continues even with the...
-
Tony took out a $1,000,000 life insurance policy on his life 10 years ago. Last year, when the policy's interpolated terminal reserve was worth $400,000, Tony gave the policy to his son, Chuck. Tony...
-
Dilbert purchased a home 10 years ago, where he has lived ever since with his coworker Wally. He purchased the home for $100,000 and recently sold it for $600,000. How much of the gain must Dilbert...
-
Tiarne Osprey is employed as a barista at Duotone Caf. During the 2023 income year, Tiarne received the following amounts: Net Wages from Duotone (PAYGW of $8,000) $52,000 Tips from customers $ 1,000...
-
Ayayai Ltd. reviews its assets every fiscal year for potential asset impairments. In the current year Ayayai realizes through its impairment assessment that a specialized machine has a recoverable...
-
Keller Industries started business part way through the current year and prepares annual financial statements. Keller Industries currently pays $10,000 of salaries (wages) per week for a 5-day work...
-
What is meant by the term multicollinearity as it is applied in multiple regression analysis?
-
Determine the optimal use of Applichem's plant capacity using the Solver in Excel.
-
What are some disadvantages of using an activity-based costing system?
-
What were the two common characteristics of the 130 U.S. manufacturing companies that used activity-based costing?
-
Explain how to record the application of overhead to products using activity-based costing.
-
Create the reconciliation (i.e., indirect method) portion of the Statement of Cash Flow for governmental entities. category 20x3 20x4 Cash 900,000 1,380,000 Accounts Receivable 250,000 700,000...
-
WTG acquired and disposed of PPE in the current year as follows: Category MACRS Book Year 4 (Current Year) Purchases Dispositions of Year 1 Purchases in Current Year (Year 4) Cash Received from...
-
Supposer une obligation du gouvernement du Canada aux caractristiques suivantes: livraison : 16 mars 2024 avec l'intrt couru chance : 1e septembre 2033 4 taux du coupon (nominal) : 10% valeur...
Study smarter with the SolutionInn App