An improvement project on the ohio river cost 650000000, Financial Management

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An improvement project on the ohio river cost 650000000

An improvement project on the Ohio River cost $6,500,000.00 with annual maintenance of $130,000.00.

The benefits for barges and other craft navigating the Ohio River are estmated at $820,000 per year. The interest rate is 8% per year.

What is the conventional B/C ratio for this project?

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Financial Management: An improvement project on the ohio river cost 650000000

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Financial Management: An improvement project on the ohio river cost 650000000

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