Business, 14.07.2019 03:00, bearbri4520

Josh ritchey has just been hired as a cost engineer by a large airlines company. josh's first idea is to quit giving complimentary cocktails, wine, and beer to the international flying public. he calculates this will save 5 comma 100 comma 0005,100,000 drinks per year, and each drink costs $0.400.40, for a total of $2.042.04 million per year. instead of complimentary drinks, josh estimates that the airlines company can sell 2 comma 000 comma 0002,000,000 drinks at $4.504.50 per drink. the net savings would amount to $11.0411.04 million per year! josh's boss really likes the idea and agrees to give josh a lumpsum bonus now equaling 0.140.14% of the present equivalent worth of threethree years of net savings. if the company's marr is 1515% per year, what is josh's bonus?

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Josh ritchey has just been hired as a cost engineer by a large airlines company. josh's first idea i...