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Business, 21.04.2020 03:07 erniewernie

The cost of equipment to apply epoxy paint to a warehouse floor is $1,400. Materials and supplies (masking tape, surface repair material, solvents, cleanup supplies, etc.) will cost $2.03 per ft2. Alternatively, a contractor can be hired annually to do the job for $3.25 per ft2. If the cost of the equipment will be recovered at i = 10% per year over a three-year period with no salvage value, the number of square feet that must be treated each year to justify the equipment purchase is closest to:

A. 1148 ft^2
B. 953 ft^2
C. 2457 ft^2
D. 460 ft^2.

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The cost of equipment to apply epoxy paint to a warehouse floor is $1,400. Materials and supplies (m...

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