(Ignore income taxes in this problem) The management of Londo Corporation is investigating buying a small used aircraft to use in making airborne inspections of its above-ground pipelines.The aircraft would have a useful life of 6 years.The company uses a discount rate of 15% in its capital budgeting.The net present value of the investment,excluding the intangible benefits,is -$474,060.To the nearest whole dollar how large would the annual intangible benefit have to be to make the investment in the aircraft financially attractive?
A) $474,060
B) $125,280
C) $79,010
D) $71,109
Correct Answer:
Verified
Q38: (Ignore income taxes in this problem. )The
Q39: The internal rate of return of an
Q40: (Ignore income taxes in this problem. )Charley
Q41: (Ignore income taxes in this problem. )The
Q42: Blanding Company is considering several investment proposals,as
Q44: (Ignore income taxes in this problem. )The
Q45: (Ignore income taxes in this problem. )The
Q46: (Ignore income taxes in this problem)The management
Q47: (Ignore income taxes in this problem. )If
Q48: (Ignore income taxes in this problem. )The
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents