Questions
Which of the seven memory errors presented by Schacter have you committed? Provide an example of...

Which of the seven memory errors presented by Schacter have you committed? Provide an example of each one.

Jurors place a lot of weight on eyewitness testimony. Imagine you are an attorney representing a defendant who is accused of robbing a convenience store. Several eyewitnesses have been called to testify against your client. What would you tell the jurors about the reliability of eyewitness testimony?

In: Psychology

It's managerial economics problem. Please expert solve well. In 2010 some members of the Pakistan cricket...

It's managerial economics problem. Please expert solve well.

In 2010 some members of the Pakistan cricket team were accused of conniving
with bookmakers, if not to lose matches, then at least to instigate specific events
in the game. Does efficiency wage theory explain why such scandals are more
likely to arise for relatively low-paid sports people? In this light, what can be done
to reduce corruption in sports?

In: Economics

Purple Haze Machine Shop is considering a four-year project to improve its production efficiency. Buying a...

Purple Haze Machine Shop is considering a four-year project to improve its production efficiency. Buying a new machine press for $490,847 is estimated to result in some amount of annual pretax cost savings. The press will have an aftertax salvage value at the end of the project of $86,695. The OCFs of the project during the 4 years are $175,493, $191,453, $170,805 and $167,265, respectively. The press also requires an initial investment in spare parts inventory of $25,940, along with an additional $3,284 in inventory for each succeeding year of the project. The shop's discount rate is 6 percent. What is the NPV for this project?

In: Finance

Geller Machine Shop is considering a four-year project to improve its production efficiency. Buying a new...

Geller Machine Shop is considering a four-year project to improve its production efficiency. Buying a new machine press for $480,000 is estimated to result in $195,000 in annual pretax cost savings. The press falls in the MACRS five-year class, and it will have a salvage value at the end of the project of $81,000. The press also requires an initial investment in spare parts inventory of $21,000, along with an additional $2,600 in inventory for each succeeding year of the project. The shop’s tax rate is 21 percent and the project's required return is 8 percent. Refer to Table 8.3.
Calculate the NPV of this project.

In: Finance

Geary Machine Shop is considering a four-year project to improve its production efficiency. Buying a new...

Geary Machine Shop is considering a four-year project to improve its production efficiency. Buying a new machine press for $566,400 is estimated to result in $188,800 in annual pretax cost savings. The press falls in the MACRS five-year class (MACRS Table), and it will have a salvage value at the end of the project of $82,600. The press also requires an initial investment in spare parts inventory of $23,600, along with an additional $3,540 in inventory for each succeeding year of the project. Required : If the shop's tax rate is 31 percent and its discount rate is 20 percent, what is the NPV for this project?

In: Finance

Geller Machine Shop is considering a four-year project to improve its production efficiency. Buying a new...

Geller Machine Shop is considering a four-year project to improve its production efficiency. Buying a new machine press for $430,000 is estimated to result in $170,000 in annual pretax cost savings. The press falls in the MACRS five-year class, and it will have a salvage value at the end of the project of $73,000. The press also requires an initial investment in spare parts inventory of $16,000, along with an additional $2,100 in inventory for each succeeding year of the project. The shop’s tax rate is 24 percent and the project's required return is 10 percent. Refer to Table 8.3. Calculate the NPV of this project.

In: Finance

A local college enters into an agreement with a Bookstore, which will distribute that college press...

A local college enters into an agreement with a Bookstore, which will distribute that college press books. According to the contract, The bookstore has the right to return any unsold books no later than 24 weeks after sale.

On February 1, 2020, The Press (The college) sold on credit 300 books for $150 each to that Bookstore. The cost of each book is $70. The Press estimates that 50 of the books sold to the bookstore will be returned. On June 4, 35 books were returned.

Required:

As The Press's accountant, write the journal entries to record the sale, the return of 35 books and the expiry of the right of return

In: Accounting

13. Masters Machine Shop is considering a four-year project to improve its production efficiency. Buying a...

13. Masters Machine Shop is considering a four-year project to improve its production efficiency. Buying a new machine press for $748,800 is estimated to result in $249,600 in annual pretax cost savings. The press falls in the MACRS five-year class (MACRS Table), and it will have a salvage value at the end of the project of $109,200. The press also requires an initial investment in spare parts inventory of $31,200, along with an additional $4,680 in inventory for each succeeding year of the project. If the shop's tax rate is 22 percent and its discount rate is 15 percent, what is the NPV for this project?

In: Finance

Massey Machine Shop is considering a four year project to improve its production efficiency. Buying a...

Massey Machine Shop is considering a four year project to improve its production efficiency.

Buying a new machine press for $730,000 is estimated to result in $220,000 in annual pretax

cost savings. The press falls in the MACRS five year class, and it will have a salvage value

at the end of the project of $89,000. The press also requires an initial investment in spare parts

inventory of $26,000, along with an additional $3,000 in inventory for each succeeding year

of the project. At the end of the project, all the investment in the inventory will be recaptured.

The shop’s tax rate is 40 percent and its discount rate is 9 percent.

In: Finance

Caradoc Machine Shop is considering a four-year project to improve its production efficiency. Buying a new...

Caradoc Machine Shop is considering a four-year project to improve its production efficiency. Buying a new machine press for $412,000 is estimated to result in $152,000 in annual pre-tax cost savings. The press falls into Class 8 for CCA purposes (CCA rate of 20% per year), and it will have a salvage value at the end of the project of $55,200. The press also requires an initial investment in spare parts inventory of $22,000, along with an additional $3,300 in inventory for each succeeding year of the project. If the shop’s tax rate is 35% and its discount rate is 9%.

Calculate the NPV of this project.

In: Finance