Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. if the local government invests in a project which

If the local government invests in a project which has a 20 years useful life...

70.2K

Verified Solution

Question

Accounting

If the local government invests in a project which has a 20 years useful life and initial investment of 2.25 million dollars and the yearly benefit is $250,000, with a maintenance cost (starting in year 1), what is Benefit Cost Ratio (rounded to the whole percentage, no decimals) ?

A.

none of the given choices
B.

75%
C.

60%
D.

80%

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

What are the country specific factors that should be considered when estimating the cash flow of...

Finance
Q

The nuclide 236U decays with emission of an alpha particle with measured energy of 4.448 MeV...

Physics
Q

Consider the following Ricardian Model with 2 economies: Germany Portugal Labor Supply 200 workers 200 workers Wine 1000 units/worker 800 units/worker Beer 400 units/worker 300 units/worker (d)...

Economics
Q

The brakes of the train that Casey Jones is driving have just failed. There are five...

Psychology
Q

Account Title Debit Credit Cash $5,200 Accounts receivable 20,000 Office supplies 6,353 Trucks 186,000 Accumulated depreciation—Trucks $38,316 Land 50,000 Accounts payable 9,200 Interest payable 10,000 Long-term notes payable 56,000 K. Wilson, Capital 156,854 K. Wilson, Withdrawals 35,000 Trucking fees earned 126,000 Depreciation...

Accounting
Q

A particle is projected from the foot of one wall towards other parallel wall as...

Physics
Q

20 This graph shows the population P in millions of a small country where t...

Basic Math
Q

Department W had 2,460 units, one-third completed at the beginning of the period; 13,100 units...

Accounting
Q

Current Attempt in Progress Presented below are data on three promissory notes. Determine the...

Accounting
Q

Prepare journal entries in the General Fund of the Browrville School District. ff no entry...

Accounting
Q

ug and Jupar unent, plastic is injected into a lizard-shaped mold. The dolls that come...

Accounting
Q

Question 2: Assume that the following transactions took place in May 2018, during its first...

Accounting