Questions
PRESTON PRINTING is considering a four-year project to improve its production efficiency. Buying a new press...

PRESTON PRINTING is considering a four-year project to improve its production efficiency. Buying a new press for $535,000 is estimated to result in $219,000 in annual pretax cost savings. The press falls in the MACRS 5-year class, and it will have a salvage value at the end of the project of $89,000. The MACRS rates are 0.2, 0.32, 0.192, 0.1152, 0.1152, and 0.0576 for Years 1 to 6, respectively. The press also requires an incremental $4,600 in inventory for each of the four years of the project. It must also invest $24,000 at the outset for spare parts inventory. Both types of inventory will return to zero when the project ends. The shop's tax rate is 23 percent and its discount rate is 15 percent. Which of the following values is closes to the NPV of the project?

  • A. $35,000
  • B. $45,000
  • C. $55,000
  • D. $65,000
  • E. $75,000

In: Finance

Starset Machine Shop is considering a 4-year project to improve its production efficiency. Buying a new...

Starset Machine Shop is considering a 4-year project to improve its production efficiency. Buying a new machine press for $390,000 is estimated to result in $148,000 in annual pretax cost savings. The press falls in the 5-year MACRS class, and it will have a salvage value at the end of the project of $48,000. The press also requires an initial investment in spare parts inventory of $21,000, along with an additional $3,150 in inventory for each succeeding year of the project. The shop’s tax rate is 21 percent and its discount rate is 8 percent. (MACRS schedule) Calculate the NPV of this project.

MACRS schedule

Year

Three-Year

Five-Year Seven-Year
1 33.33% 20.00% 14.29%
2 44.45% 32.00% 24.49%
3 14.81% 19.20% 17.49%
4 7.41% 11.52% 12.49%
5 11.52% 8.93%
6 5.76% 8.92%
7 8.93%
8 4.46%

In: Finance

Hook Industries is considering the replacement of one of its old metal stamping machines. Three alternative...

Hook Industries is considering the replacement of one of its old metal stamping machines. Three alternative replacement machines are under consideration. The relevant cash flows associated with each are shown in the following​ table:

Initial investment   $84,600   $59,700   $129,900
Year          
1   $17,900   $12,500   $50,000
2   $17,900   $14,500   $30,100
3   $17,900   $15,500   $20,500
4   $17,900   $18,200   $20,500
5   $17,900   $19,800   $19,900
6   $17,900   $24,800   $29,600
7   $17,900   $0   $39,500
8   $17,900   $0   $49,900

a.  Calculate the net present value ​(NPV​) of EACH press.

b.  Using​ NPV, evaluate the acceptability of EACH press.

c.  Rank the presses from best to worst using NPV.

d.  Calculate the profitability index​ (PI) for EACH press.

e.  Rank the presses from best to worst using PI.

The​ firm's cost of capital is 12​%.

In: Finance

Write the c++ program of Bisection Method and False Position Method and newton Raphson method in...

Write the c++ program of Bisection Method and False Position Method and newton Raphson method in a one program using switch condition .Like :

cout<<"1.Bisection Method \n 2.False Position Method\n3.Newton Raphson method"<<endl; if press 1 then work Bisection Method code if press 2 then workFalse Position Method if press 3. work Newton Raphson method .so please writhe the code in c++ using switch case.and the equation given down consider the equation in the given.Note: Must showt the all the step of output all the iteration step shown in the program .in program must shown all the step of iteration result like every iteration x1,x2,x3 must be shown in program.

f(x)=3x-cosx-1;

Please in every itaration must be shown the output then finally Got the root

In: Computer Science

Create a case study "Curbing tobacco use in Poland" with the info below. Health Condition: Tobacco...

Create a case study "Curbing tobacco use in Poland" with the info below.

Health Condition: Tobacco is the second deadliest threat to adult health in the world and causes 1 in every 10 adult deaths. It is estimated that 500 million people alive today will die prematurely because of tobacco consumption. More than three quarters of the world's 1.2 billion smokers live in low- and middle-income countries, where smoking is on the rise. By 2030, it is estimated that smoking-related deaths will have doubled, accounting for the deaths of 6 in 10 people. In the 1980s, Poland had the highest rate of smoking in the world. Nearly three-quarters of Polish men aged 20 to 60 smoked every day. In 1990, the probability that a 15-year-old boy born in Poland would reach his 60th birth­day was lower than in most countries, and middle-aged Polish men had one of the highest rates of lung cancer in the world.

Intervention or Program: In 1995, the Polish parliament passed groundbreaking tobacco-control legislation, which included:

the requirement of the largest health warnings on cigarette packs in the world;

a ban on smoking in health centers and enclosed workspaces;

a ban on electronic media advertisement; and

a ban on tobacco sales to minors.

Health education campaigns and the "Great Polish Smoke-Out" have also raised awareness about the dangers of smoking and have encouraged Poles to quit.

Impact: Cigarette consumption dropped 10 percent between 1990 and 1998, and the number of smokers declined from 14 million in the 1980s to under 10 million at the end of the 1990s. The reduction in smoking led to:

10,000 fewer deaths each year;

a 30 percent decline in lung cancer among men aged 20 to 44;

a nearly 7 percent decline in cardiovascular disease; and

a reduction in low birth weight.

In: Nursing

how politicians, press, and citizens can each act to improve the quality of public communication?

how politicians, press, and citizens can each act to improve the quality of public communication?

In: Economics

Press and TV coverage is a great way to spread ideas. Do you agree? why?

Press and TV coverage is a great way to spread ideas. Do you agree? why?

In: Economics

Identify a topic that is or has trended widely on social media (#hashtag), while also reaching...

Identify a topic that is or has trended widely on social media (#hashtag), while also reaching the attention of the more traditional press. Social media sites include Twitter, Facebook, Instagram, Snapchat, etc. Traditional press ranges from newspapers and television news, to magazines, to media aggregators like The Huffington Post.

Analyze the popularity of this #hashtag. What is it about? Who tends to use it? Why is it popular? Are there social messages involved, or does it represent a cultural phenomenon? Explain.

In: Psychology

5. A vaccine against the novel coronavirus has been invented. The scientist said in an interview...

5. A vaccine against the novel coronavirus has been invented. The scientist said in an interview that the experiments yielded a statistically significant result. Explain in clear, unambiguous, statistical terms what this means. *your answer has to be perfect, yet simple enough so millions of lay people understand it. That is: simplicity without losing statistical truth.

In: Statistics and Probability

Assuming that boy and girl babies are equally​ likely, what would be​ Kathy's probability of having...

Assuming that boy and girl babies are equally​ likely, what would be​ Kathy's probability of having at most three daughters if she were to have four children​ altogether? (You may want to use a tree diagram to construct the sample​ space.)

In: Statistics and Probability