Questions
Was the New Deal a new deal, an old deal, or a raw deal?

Was the New Deal a new deal, an old deal, or a raw deal?

In: Economics

The Cornchopper Company is considering the purchase of a new harvester. The new harvester is not...

The Cornchopper Company is considering the purchase of a new harvester.

The new harvester is not expected to affect revenue, but operating expenses will be reduced by $13,400 per year for 10 years.

The old harvester is now 5 years old, with 10 years of its scheduled life remaining. It was originally purchased for $71,000 and has been depreciated by the straight-line method.

The old harvester can be sold for $21,400 today.
The new harvester will be depreciated by the straight-line method over its 10-year life.
The corporate tax rate is 25 percent.
The firm’s required rate of return is 14 percent.

The initial investment, the proceeds from selling the old harvester, and any resulting tax effects occur immediately.

All other cash flows occur at year-end.

The market value of each harvester at the end of its economic life is zero.

  

Determine the break-even purchase price in terms of present value of the harvester. This break-even purchase price is the price at which the project’s NPV is zero. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

  

In: Accounting

The Cornchopper Company is considering the purchase of a new harvester. The new harvester is not...

The Cornchopper Company is considering the purchase of a new harvester. The new harvester is not expected to affect revenues, but pretax operating expenses will be reduced by $13,400 per year for 10 years. The old harvester is now 5 years old, with 10 years of its scheduled life remaining. It was originally purchased for $70,500 and has been depreciated by the straight-line method. The old harvester can be sold for $21,400 today. The new harvester will be depreciated by the straight-line method over its 10-year life. The corporate tax rate is 35 percent. The firm’s required rate of return is 14 percent. The initial investment, the proceeds from selling the old harvester, and any resulting tax effects occur immediately. All other cash flows occur at year-end. The market value of each harvester at the end of its economic life is zero. Determine the break-even purchase price in terms of present value of the harvester. This break-even purchase price is the price at which the project’s NPV is zero. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Purchase price $

In: Finance

Is BIM a new technology, or a new process, or both? What are the promises that...

Is BIM a new technology, or a new process, or both? What are the promises that BIM holds to the industry? How does BIM impact the construction industry? Discuss the factors that affect the business value of BIM. Discuss the reasons that some companies still would not use BIM.

In: Civil Engineering

The Cornchopper Company is considering the purchase of a new harvester. The new harvester is not...

The Cornchopper Company is considering the purchase of a new harvester.

The new harvester is not expected to affect revenue, but operating expenses will be reduced by $13,400 per year for 10 years.

The old harvester is now 5 years old, with 10 years of its scheduled life remaining. It was originally purchased for $71,000 and has been depreciated by the straight-line method.

The old harvester can be sold for $21,400 today.
The new harvester will be depreciated by the straight-line method over its 10-year life.
The corporate tax rate is 25 percent.
The firm’s required rate of return is 14 percent.

The initial investment, the proceeds from selling the old harvester, and any resulting tax effects occur immediately.

All other cash flows occur at year-end.

The market value of each harvester at the end of its economic life is zero.

  

Determine the break-even purchase price in terms of present value of the harvester. This break-even purchase price is the price at which the project’s NPV is zero. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

  

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In: Finance

The theme this week deals with the creation of a new venture and managing that new...

The theme this week deals with the creation of a new venture and managing that new business. Based on the videos, readings, and your own experience/knowledge, what are the TOP TEN biggest challenges facing an entrepreneur starting a new business (and explain why, for each issue)? List these TEN challenges in order of priority and place an importance factor on each challenge (a number 0-100, with 100 signifying an enormously important challenge). Some students argue that it depends on the type of venture, and if you believe this to be true, then select a specific type of venture, identify it, and answer the question.

In: Operations Management

The Cornchopper Company is considering the purchase of a new harvester. The new harvester is not...

The Cornchopper Company is considering the purchase of a new harvester.

The new harvester is not expected to affect revenue, but operating expenses will be reduced by $14,300 per year for 10 years.

The old harvester is now 5 years old, with 10 years of its scheduled life remaining. It was originally purchased for $86,000 and has been depreciated by the straight-line method.

The old harvester can be sold for $22,300 today.
The new harvester will be depreciated by the straight-line method over its 10-year life.
The corporate tax rate is 23 percent.
The firm’s required rate of return is 14 percent.

The initial investment, the proceeds from selling the old harvester, and any resulting tax effects occur immediately.

All other cash flows occur at year-end.

The market value of each harvester at the end of its economic life is zero.

  

Determine the break-even purchase price in terms of present value of the harvester. This break-even purchase price is the price at which the project’s NPV is zero. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

  

Purchase price $xxxxxxxxxxx

In: Finance

Company A is considering the purchase of a new machine. The new machine is not expected...

Company A is considering the purchase of a new machine.

The new machine is not expected to affect revenues, but pretax operating expenses will be reduced by $12,700 per year for 10 years.

The old machine is now 5 years old, with 10 years of its scheduled life remaining. It was originally purchased for $61,500 and has been depreciated by the straight-line method.

The old machine can be sold for $20,700 today
The new machine will be depreciated by the straight-line method over its 10-year life.
The corporate tax rate is 35 percent.
The firm’s required rate of return is 14 percent.

The initial investment, the proceeds from selling the old machine, and any resulting tax effects occur immediately.

All other cash flows occur at year-end.

The market value of each machine at the end of its economic life is zero.

Determine the break-even purchase price in terms of present value of the machine.

41,000

83,561.84

77,533.79

43,059.03

In: Finance

An article in the New York times states that there is a shocking new way to...

An article in the New York times states that there is a shocking new way to lose weight. A new wearable device called Pavlok claims it is successful in helping people lose weight. Here is how it works, whenever the wearer takes a bite of the foods they want to avoid, like chocolate or Cheez-Its, they use the Pavlok to give themselves a lightning-quick electric shock. “Every time I took a bite, I zapped myself,” one user said. “I did it five times on the first night, two times on the second night, and by the third day I didn’t have any cravings anymore.” As a psychology student you understand that the Pavlok is using the learning principles of classical conditioning to try to change behavior. Discuss the following: Identify the unconditioned stimulus, unconditioned response, neutral stimulus, conditioned stimulus, and conditioned response. Based on Pavlov's work what do you expect will happen when the user stops shocking themselves when they eat junk food? What is the term given to this in classical conditioning? Not everyone wants to shock themselves to try to lose weight. Using the principles of operant conditioning develop a behavior modification plan that will help this person change their eating behavior, without having to shock themselves. What would you suggest to get them to increase the amount of fruit and vegetables they eat? What would you suggest to help them decrease the amount of junk food they eat? Make sure you discuss postive and negative reinforcment. Make sure you discuss positive and negative punishment.

In: Psychology

The Cornchopper Company is considering the purchase of a new harvester. The new harvester is not...

The Cornchopper Company is considering the purchase of a new harvester.

The new harvester is not expected to affect revenue, but operating expenses will be reduced by $14,600 per year for 10 years.

The old harvester is now 5 years old, with 10 years of its scheduled life remaining. It was originally purchased for $91,000 and has been depreciated by the straight-line method.

The old harvester can be sold for $22,600 today.
The new harvester will be depreciated by the straight-line method over its 10-year life.
The corporate tax rate is 21 percent.
The firm’s required rate of return is 14 percent.

The initial investment, the proceeds from selling the old harvester, and any resulting tax effects occur immediately.

All other cash flows occur at year-end.

The market value of each harvester at the end of its economic life is zero.

  

Determine the break-even purchase price in terms of present value of the harvester. This break-even purchase price is the price at which the project’s NPV is zero. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

  

NOTE*** answer is not 91309.2 or 109154.41 or 110898.7 or 119875.42 or 117742.56

In: Finance