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Answer with explanation
A company considers buying a new electric forklift truck that would cost $18,000, have operating cost of $1,000 in the first year, and have a salvage value of $10,000 at the end of the first year. For the remaining years, operating costs increase each year by 15% over the previous year's operating costs. Similarly, the salvage value declines each year by 25% from the previous year's salvage value. Overhauls costing $3,000 and $4,500 will be required during the fifth and seventh year of service, respectively. The firm's required rate of return is 10%. Find the economic service life of this new machine.
A division of Hanes has the following data at the end of a year. For an effective federal tax rate of 35% and state tax rate of 6.5%, determine (a) CFAT,(b) percentage of total revenue expended on taxes, (c) net income for the year.
If a company's accounts payable is $42,041, retained earnings are $412,474, long-term debt is $391,227 and your accrued expenses are $5,966, what are the total current liabilities?
You purchased a commercial building on August 1, 2003 that you are renting to a business. The total purchase price was $140,000. You estimate that the value of the lot is $150,000 of the total purchase price. You plan to sell the building on May 30, ..
For this assignment, write a 350- to 700-word informal paper using Microsoft® Word explaining how to normalize a database to 3NF. Include in your explanation how you would assure the foreign keys are specified and the functional dependencies and i..
What is your influence to change or upgrade your security software? Have you made a change and regretted it before?
If the Bank of Canada sells $400 million worth of bonds to the public in an open market operation, what is the change in the quantity of money
Describe what effect this change will have on Janes' ability to make purchases in Italy and explain why.
Select a Government Regulation. Identify a particular government regulation of your choosing that in your opinion has either been successful or a failure. Briefly state the original purpose of this regulation and whether it has changed over time. The..
What are the benefits and challenges when implementing Industrial policy? How does comparative advantage relate the implementation of industrial policy?
Costa Rica is a “small” country and assumed to be unable to affect world prices. It imports blueberries at the price of 10 dollars per box. The Domestic Supply and Domestic Demand curves for boxes are: S = 60 + 20P D = 1160 − 15P Assume Costa Rica is..
Classify each of the following as an example of direct, interactive, and/or mass marketing.
Using a product of your choice along with prices and quantities you select, create a tutorial that will teach somebody how to draw a supply curve.
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