Alpha Bridge Project SUMMARY OF BRIDGE REPAIR COSTS   Year         Activity                                                                     Cost GH¢  2005       Inspection and top chord repairs                                 44,800 2007       Inspection and erosion protection                               19,800 2009      Inspection                                                                     1,800   2011      Inspection and misc. steel repairs                                31,800 2013      Inspection                                                                    1,800    2015     Inspection                                                                     1,800 2017     Inspection and repair abutments                                 65,000 2019    Inspection                                                                      1,800        Calculate the present value of the costs  for the above project cash flow with a discounting rate of 5%

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter12: Capital Investment Analysis
Section: Chapter Questions
Problem 4BE: Internal rate of return A project is estimated to cost 463,565 and provide annual net cash flows of...
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Alpha Bridge Project

SUMMARY OF BRIDGE REPAIR COSTS  

Year         Activity                                                                     Cost GH¢ 

2005       Inspection and top chord repairs                                 44,800

2007       Inspection and erosion protection                               19,800

2009      Inspection                                                                     1,800  

2011      Inspection and misc. steel repairs                                31,800

2013      Inspection                                                                    1,800   

2015     Inspection                                                                     1,800

2017     Inspection and repair abutments                                 65,000

2019    Inspection                                                                      1,800       

Calculate the present value of the costs  for the above project cash flow with a discounting rate of 5%

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