Question

In: Finance

1-Select and asset and perform life cycle cost taking into an account all the possible costs (service, disposal, initial, etc)

1-Select and asset and perform life cycle cost taking into an account all the possible costs (service, disposal, initial, etc)

2-List examples where extranational legal issues between nations may arise with respect to environmental issues

3-Select a project or a product and discuss actions that could be taken to optimize the effects of three environmental key indicators

4- Select a project or a product and discuss actions that could be taken to optimize the effects of three social key indicators

5-Describe factors or activities you believe would be important to include in a greenhouse gas inventory assessment.

Solutions

Expert Solution

1)

Life cycle costing, or whole-life costing, is the process of estimating how much money you will spend on an asset over the course of its useful life.

 

Buying an asset is a cost commitment that extends beyond its price tag. For example, think of a car. The car’s price tag is only part of the car’s overall life cycle cost. You also need to consider expenses for car insurance, interest, gas, oil changes, and any other necessary maintenance to keep the car running. Not planning for these additional costs can set you back.

 

The cost to buy, use, and maintain a business asset adds up. Whether you’re purchasing a car, a copier, a computer, or inventory, you should consider and budget for the asset’s future costs.

 

To calculate an asset’s life cycle cost, estimate the following expenses:

  1. Purchase
  2. Installation
  3. Operating
  4. Maintenance
  5. Financing (e.g., interest)
  6. Depreciation
  7. Disposal

 

2)

There are many environmental issues in India. Air pollution, water pollution, garbage domestically prohibited goods and pollution of the natural environment are all challenges for India. Nature is also causing some drastic effects on India. The situation was worse between 1947 through 1995. According to data collection and environment assessment studies of World Bank experts, between 1995 through 2010, India has made some of the fastest progress in addressing its environmental issues and improving its environmental quality in the world.[1][2] Still, India has a long way to go to reach environmental quality similar to those enjoyed in developed economies. Pollution remains a major challenge and opportunity for India.

 

Environmental issues are harmful effects of human activity on the biophysical environment. Environmental protection is a practice of protecting the natural environment on the individual, organizational or governmental levels, for the benefit of both the environment and humans. Environmentalism, a social and environmental movement, addresses environmental issues through advocacy, education and activism

Producing algal biofuels could improve or harm water quality depending on the resource input and management used in algae cultivation, weather events, integrity of infrastructure, and processing of spent water. Water-quality concerns associated with commercial-scale production of algal biofuels, if sufficient culture waters are released to natural environments, include eutrophication of waters, contamination of groundwater, and salinization of water sources.

 

3)

It can be considered, for example, that there are major subsets of environmental indicators in-line with the Pressure-State-Response model developed by the OECD. One subset of environmental indicators is the collection of ecological indicators which can include physical, biological and chemical measures such as atmospheric temperature, the concentration of ozone in the stratosphere or the number of breeding bird pairs in an area. These are also referred to as “state” indicators as their focus is on the state of the environment or conditions in the environment. A second subset is the collection of indicators that measure human activities or anthropogenic pressures, such as greenhouse gas emissions. These are also referred to as “pressure” indicators. Finally, there are indicators, such as the number of people serviced by sewage treatment, which track societal responses to environmental issues.

 

4)

Examples of social indicators cover the full range of issues that matter for individual, community and societal well-being. Common examples include:

  • Poverty rate
  • Inequality rate
  • Educational attainment
  • Life expectancy
  • Employment and unemployment rates
  • Obesity rate
  • Fertility rate
  • Health expenditure
  •  
  • Poverty as seen by social scientists: Income and level of consumption are the usual indicators of poverty. But many social scientists view poverty from many other parameters; like illiteracy, lack of general resistance due to malnutrition, lack of access to safe drinking water and sanitation, etc.
  •  
  • 5)
  • Greenhouse gases, such as carbon dioxide, methane, nitrous oxide, and certain synthetic chemicals, trap some of the Earth's outgoing energy, thus retaining heat in the atmosphere. This heat trapping causes changes in the radiative balance of the Earth—the balance between energy received from the sun and emitted from Earth—that alter climate and weather patterns at global and regional scales.
  •  
  • Some greenhouse gases are emitted exclusively from human activities (e.g., synthetic halocarbons). Others occur naturally but are found at elevated levels due to human inputs (e.g., carbon dioxide). Anthropogenic sources result from energy-related activities (e.g., combustion of fossil fuels in the electric utility and transportation sectors), agriculture, land-use change, waste management and treatment activities, and various industrial processes. Major greenhouse gases include carbon dioxide, methane, nitrous oxide, and various synthetic chemicals.

Related Solutions

1) The Service Assistant Secretary (Financial Management and Comptroller): a)Reviews a program's life-cycle cost estimate or...
1) The Service Assistant Secretary (Financial Management and Comptroller): a)Reviews a program's life-cycle cost estimate or Economic Analysis to identify program funding issues early in the cost estimating review process b)Prepares independent life-cycle cost estimates for ACAT ID programs C)Designates an independent activity to perform the Analysis of Alternatives for an ACAT I program D)Prepares the Component Cost Analysis 2) Which one of the following best reflects when the Component Cost Estimate (CCE) must be prepared for an ACAT IA...
Given an asset with initial cost of $20,000, useful life of 5 years, salvage value =...
Given an asset with initial cost of $20,000, useful life of 5 years, salvage value = 0, find the depreciation allowances and the book values using the    a. Straight-Line Method b. MACRS
1. The accrual of restructuring costs creates obligations (liabilities) referred to as exit or disposal cost...
1. The accrual of restructuring costs creates obligations (liabilities) referred to as exit or disposal cost obligations? Please answer in detail. a. obtain the relevant authoritative literature on exit or disposal cost obligation using the FASB's Codification Research System. You might gain access to the FASB website. What is the codification topic number that addresses this issue? b. What is the specific citation that addresses the initial measurement of these obligations? c. How are these obligations and related costs to...
1. Use Microsoft Excel to solve the question . The initial cost of an asset is...
1. Use Microsoft Excel to solve the question . The initial cost of an asset is BD100000. It has useful life of 9 years. The estimated salvage value of the asset at the end of useful life is zero. Calculate the annual depreciation and book value using double-declining balance method and find out the year in which the switching is done from double-declining balance method to straight-line method. Theory related to switching : Switching between different depreciation methods:- Switching from...
The Product Life Cycle: The 1st Assignment: Select 4 products in the market today, (1 that...
The Product Life Cycle: The 1st Assignment: Select 4 products in the market today, (1 that fits into each of the 4 product life cycle stages) Introduction, Growth, Maturity and Decline and do the following: 1st.Describe the product you selected. 2nd Describe why they fit into the stage you placed them. The 2nd Assignment: Look at the Diffusion of Innovation and for either, yourself or a member of your family or both pick a product that you or they purchased...
1. what cost are included in the cost of the plant asset? 2. what costs are...
1. what cost are included in the cost of the plant asset? 2. what costs are included in the cost of land? 3. what is a building and what costs are included in the cost of the building? 4. what is equipment and what costs are included in the cost of equipment? 5. what type of cost are immediately recorded as an expense?
Calculate the present worth of all costs for a newly acquired machine with an initial cost...
Calculate the present worth of all costs for a newly acquired machine with an initial cost of $28,000, no trade-in value, a life of 14 years, and an annual operating cost of $17,000 for the first 5 years, increasing by 10% per year thereafter. Use an interest rate of 10% per year. The present worth of all costs for a newly acquired machine is determined to be
On October 1, 2022, Pharoah Company places a new asset into service. The cost of the...
On October 1, 2022, Pharoah Company places a new asset into service. The cost of the asset is $96500 with an estimated 5-year life and $21500 salvage value at the end of its useful life. What is the depreciation expense for 2022 if Pharoah Company uses the straight-line method of depreciation? $4825. $3750. $19300. $9650.
Cost Salvage Value Useful Life Units of Production MACRS Class Life Asset #1 $        1,400,000 $          ...
Cost Salvage Value Useful Life Units of Production MACRS Class Life Asset #1 $        1,400,000 $           100,500 5 2016                  41,000 5 * Total units of 2017 48,000 output = 2018 26,000 160,000 On january 1st 2016, the company purchased the above asset. Then, calculate the annual depreciation for 2016, 2017, and 2018 assuming they were all purchased June 1st, 2016. Show all of your work.
1. A project has an initial cost of $95,800, a life of 7 years, and equal...
1. A project has an initial cost of $95,800, a life of 7 years, and equal annual cash inflows. The required return is 8.7 percent. According to the profitability index decision rule, what is the minimum annual cash flow necessary to accept the project? 2. You are considering the following two mutually exclusive projects. The crossover rate between these two projects is ___ percent and Project ___ should be accepted if the required return is greater than the crossover rate....
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT