Business, 24.04.2020 19:26 ameliaxbowen7
The city of Oak Ridge is evaluating three mutually exclusive landscaping plans for refurbishing a public greenway. Benefits to the community have been estimated by a landscaping committee, and the costs of planting trees and shrubbery, as well as maintaining the greenway, are summarized below. The city’s discount rate is 8% per year, and the planning horizon is 10 years. (10.9)
Use the B–C ratio method to recommend the best plan when annual maintenance expenses offset annual benefits in the numerator.
Repeat Part (a) when annual maintenance expenses add to total costs in the denominator. Which plan is best?
Landscaping Plan
A
B
C
Initial planting
$75,000
$50,000
$65,000
cost
Annual maintenance
4,000
5,000
4,700
expense
Annual community
20,000
18,000
20,000
benefits
Should the recommendations in Part (a) and (b) be the same? Why or why not?
Answers: 3
Business, 22.06.2019 14:40, robert7248
Which of the following statements about revision is most accurate? (a) you must compose first drafts quickly (sprint writing) and return later for editing. (b) careful writers always revise as they write. (c) revision is required for only long and complex business documents. (d) some business writers prefer to compose first drafts quickly and revise later; others prefer to revise as they go.
Answers: 3
Business, 23.06.2019 09:50, ant5784tgi
The goal of an economist who formulates new theories is to a. provide an interesting framework of analysis, whether or not the framework turns out to be of much use in understanding how the world works. b. provoke stimulating debate in scientific journals. c. contribute to an understanding of how the world works. d. demonstrate that economists, like other scientists, can formulate testable theories.
Answers: 1
The city of Oak Ridge is evaluating three mutually exclusive landscaping plans for refurbishing a pu...
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