ASAP. Use 2 decimal places for the final answer 2. The Liam and Vince cargo company is providing logistic services within the Luzon area. The company is growing and they need additional delivery trucks to meet delivery demands from their customers. Two options are being studied, its either they buy new delivery trucks or they hire delivery services from a trucking company. Assume money is worth 0.11 per annum. Option 1: Five new trucks which cost P1.8M each, with a maintenance cost of P200,000.00 each truck per year and comprehensive insurance of P40.000.00 each per year. Option 2: Hiring a trucking service company with the same capacity of the five trucks but needs an initial contract cost of P2.5M and a yearly fee of P1.0M

ASAP. Use 2 decimal places for the final answer 2. The Liam and Vince cargo company is providing logistic services within the Luzon area. The company is growing and they need additional delivery trucks to meet delivery demands from their customers. Two options are being studied, its either they buy new delivery trucks or they hire delivery services from a trucking company. Assume money is worth 0.11 per annum. Option 1: Five new trucks which cost P1.8M each, with a maintenance cost of P200,000.00 each truck per year and comprehensive insurance of P40.000.00 each per year. Option 2: Hiring a trucking service company with the same capacity of the five trucks but needs an initial contract cost of P2.5M and a yearly fee of P1.0M

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter3: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 8EB: Shonda & Shonda is a company that does land surveys and engineering consulting. They have an...

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