A Company Is Considering an Iron Ore Extraction Project That

question 55

Multiple Choice

A company is considering an iron ore extraction project that requires an initial investment of $1,400,000 and will yield annual cash flows of $613,228 for three years.The company's discount rate is 9%.Calculate IRR. Present value of ordinary annuity of $1:
$$\begin{array} { | r | r | r | r | r | r | r | r | } \hline & 10 \% & 12 \% & 14 \% & 15 \% & 16 \% & 18 \% & 20 \% \\\hline 1 & 0.909 & 0.893 & 0.877 & 0.870 & 0.862 & 0.847 & 0.833 \\\hline 2 & 1.736 & 1.690 & 1.647 & 1.626 & 1.605 & 1.566 & 1.528 \\\hline 3 & 2.487 & 2.402 & 2.322 & 2.283 & 2.246 & 2.174 & 2.106 \\\hline 4 & 3.170 & 3.037 & 2.914 & 2.855 & 2.798 & 2.690 & 2.589 \\\hline\end{array}$$

• A)15%
• B)17%
• C)14%
• D)13%

Understand the anatomical structures involved in the process of hearing and vision.

Describe the formation and significance of the vertebral column's curvatures.

Identify the bones and structures involved in breathing, eating, and sensory perception.

Understand the developmental anomalies of the skeletal system and their implications.

---

Definitions:

Direct Labor Costs

The total cost of wages for employees who work directly on manufacturing a product or providing a service.

Indirect Labor Costs

Expenses related to labor that cannot be directly tied to a specific product or task, such as salaries of supervisors or maintenance staff.

Time Tickets

Time tickets are records used to track the amount of time an employee spends on various tasks or projects, often for billing or payroll purposes.

Factory Overhead

All indirect costs associated with manufacturing, excluding direct materials and direct labor costs.