customers want the work completed while they wait.
Ramsey wants to buy a mat guillotine that will cut by 50% the time it takes to complete a framing job.?? The machine will cost $1,100 and he has developed the following estimates:
Cost of capital:? 10%
Useful life of the machine: ?7 years
Salvage value of the machine after 7 years: $120.
Although the guillotine will save time, the only tangible cost savings will be about $180 per year.? The analysis shows a negative net present value.
Using a calculator or Excel, calculate the net present value of the guillotine.
Should Ramsey make the purchase, based solely on the numbers?
Ramsey believes the machine will produce the intangible benefit of greater customer satisfaction.? How much per year must Ramsey be willing to pay for this benefit?
This question was answered on: Apr 19, 2020Buy this answer for only: $15
This attachment is locked
Pay using PayPal (No PayPal account Required) or your credit card . All your purchases are securely protected by .
About this QuestionSTATUS
Apr 19, 2020EXPERT
YES, THIS IS LEGAL
We have top-notch tutors who can do your essay/homework for you at a reasonable cost and then you can simply use that essay as a template to build your own arguments.
You can also use these solutions:
- As a reference for in-depth understanding of the subject.
- As a source of ideas / reasoning for your own research (if properly referenced)
- For editing and paraphrasing (check your institution's definition of plagiarism and recommended paraphrase).
NEW ASSIGNMENT HELP?
Order New Solution. Quick Turnaround
Click on the button below in order to Order for a New, Original and High-Quality Essay Solutions. New orders are original solutions and precise to your writing instruction requirements. Place a New Order using the button below.
WE GUARANTEE, THAT YOUR PAPER WILL BE WRITTEN FROM SCRATCH AND WITHIN A DEADLINE.