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Raph Inc. needs someone to supply it with 800,000 planks of wood per year to support its manufacturing needs over the next five years, and your company has decided to bid on the contract. It will cost your firm $4,000,000 to install the equipment necessary to start production. The equipment will be depreciated using the straight-line method to 0 over the project's life. The salvage value of the equipment is expected to be $0. Your fixed costs will be $1,500,000 per year and your variable production costs are $11 per plank. You also need an initial investment in net working capital of $1,000,000, which will be recovered at the end of the project. The firm has a tax rate of 21% and the required rate of return is 8%. Calculate the bid price. (Round to 3 decimals)
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Rocket Ltd. acquired the matter of Comet Ltd. for Rs. 2,70,000 payable in completely paid shares. Rocket Ltd. distributed value shares of Rs. 10 each completely paid in fulfillment of the case by Comet Ltd.
(a) What is the initial payment on this mortgage? (b) What is the balance due at the end of the first year?
List and explain variable costs per visit that the lab will encounter. You have been hired as manager for a new clinical lab company in Atlanta metropolitan
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