(Ignore Income Taxes in This Problem)The Management of Byrge Corporation

question 172

Multiple Choice

(Ignore income taxes in this problem) The management of Byrge 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 8 years.The company uses a discount rate of 10% in its capital budgeting.The net present value of the investment,excluding the intangible benefits,is -$448,460.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) $44,846
• B) $56,058
• C) $84,060
• D) $448,460

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Caribbean

A region consisting of the Caribbean Sea, its islands, and the surrounding coasts, known for its diverse cultures and tropical climates.

African Slaves

Individuals from Africa who were forcibly brought to and held in bondage in various parts of the world, particularly in the Americas, from the 16th to the 19th century.

Americas

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Mulattoes

A term historically used to describe individuals of mixed African and European ancestry.