A contractor bought a crane for erecting tall buildings. It was invoiced from JapanCIF (cost, insurance,...

A contractor bought a crane for erecting tall buildings. It was invoiced from JapanCIF (cost, insurance, freight) Manila at P2,500,000. Brokerage, bank, customs’duties, permits, etc. total P1,200,000. At the end of 10 years, he expects to sell itfor P500,000. Construct a schedule of the book value at the end of each year usingthe following methods: (a) Straight-Line Formula, (b) Sinking Fund Formula at 12%,(c) Matheson Formula (d) Double Declining Method and (e) SYD Method

Show complete solution. answe a, b,c,d,e.

Solutions

Expert Solution

Ally Wells answered 1 year ago

Next > < Previous

Related Solutions

A contractor bought a crane for erecting tall buildings. It was invoiced from Japan CIF (cost,...

A contractor bought a crane for erecting tall buildings. It was invoiced from Japan CIF (cost, insurance, freight) Manila at P2,500,000. Brokerage, bank, customs’ duties, permits, etc. total P1,200,000. At the end of 10years, he expects to sell it for P500,000. Determine the book value at the beginning of year 5 using the: A)Straight-Line Method. B) Sinking Fund Method at 12%. C) Matheson Formula Method. D) Double Declining Balance Method. E) Sum of the Years Digit Method.

A contractor must choose between buying or renting a crane for the duration of a 5...

A contractor must choose between buying or renting a crane for the duration of a 5 year construction project. The contractor uses an MARR of 8%. At the end of the project, the crane can be sold for 26% of its initial cost. The cost to operate and maintain the crane is $210,000 per year. Renting the crane costs $330,000 per year including all operating and maintenance costs. Determine the maximum amount the contractor should pay to purchase the crane...

Q2). The height (sidewalk to roof) of notable tall buildings in America is compared to the...

Q2). The height (sidewalk to roof) of notable tall buildings in America is compared to the number of stories of the building (beginning at street level). Height (in feet) Stories 1050 56 428 29 362 25 529 40 790 60 401 22 380 38 1454 110 1127 100 700 46 Part (a) Using "stories" as the independent variable and "height" as the dependent variable, make a scatter plot of the data Part (b) Does it appear from inspection that there...

Q2). The height (sidewalk to roof) of notable tall buildings in America is compared to the...

The height (sidewalk to roof) of notable tall buildings in America is compared to the number...

The height (sidewalk to roof) of notable tall buildings in America is compared to the number of stories of the building (beginning at street level). Height: 1050, 428, 362, 529, 790, 401 Number of stories: 57, 28, 26, 40, 60, 22 If you can make predictions, when the height is 600, what is the number of stories? Please answer with a whole number (no decimal places). If you can’t make a prediction, put “none” in the answer box.

The height (sidewalk to roof) of notable tall buildings in America is compared to the number...

The height (sidewalk to roof) of notable tall buildings in America is compared to the number of stories of the building (beginning at street level). Stories (x-value) Height In feet (y-value) 57 1,050 28 428 26 362 40 529 60 790 22 401 38 380 110 1,454 100 1,127 46 700 Use the regression analysis to answer the following questions. Based on the least squares line, adding an extra story is predicted to add about how many feet to a...

The height (sidewalk to roof) of notable tall buildings in America is compared to the number...

The height (sidewalk to roof) of notable tall buildings in America is compared to the number of stories of the building (beginning at street level).The height (sidewalk to roof) of notable tall buildings in America is compared to the number of stories of the building (beginning at street level). height (in feet) Stories 1050 57 428 28 362 26 529 40 790 60 401 22 380 38 1454 110 1127 100 700 46 Using “stories” as the independent variable and...

The height (sidewalk to roof) of notable tall buildings in America is compared to the number...

The height (sidewalk to roof) of notable tall buildings in America is compared to the number of stories of the building (beginning at street level). Height (in feet) Stories 1050 58 428 27 362 26 529 40 790 60 401 22 380 38 1454 110 1127 100 700 46 Calculate the least squares line. Put the equation in the form of: ŷ = a + bx Find the correlation coefficient r. Find the estimated height for 34 stories. (Use your...

1. Heights of all tall buildings in San Francisco 500 feet or higher. a) Is this...

1. Heights of all tall buildings in San Francisco 500 feet or higher. a) Is this a sample or population? _____ 500 525 529 529 538 541 550 564 565 569 570 573 600 600 641 645 695 779 853 b) Mean __________ c) Standard Deviation ___________ d) Variance ____________ e) 5# Summary ______________________________________ f) IQR _____________ g) Upper fence ____________ h) Lower fence ___________ i) Are there any outliers? _________ If so, identify them: ______________________ j) Make a stemplot...

Continent Construction Company is a building contractor specializing in small commercial buildings. The company has the...

Continent Construction Company is a building contractor specializing in small commercial buildings. The company has the opportunity to accept one of two jobs; it cannot accept both because they must be performed at the same time and Continent does not have the necessary labor force for both jobs. Indeed, it will be necessary to hire a new supervisor if either job is accepted. Furthermore, additional insurance will be required if either job is accepted. The revenue and costs associated with...

Subjects