Consider the plan for a new exhibit and convention center. The costs are given as follows: Initial costs of $40 million with an expansion costing $8 million 10 years from now. Annual operating cost is $250,000 per year. Net revenue expectation is as follows: $190,000 the first year increasing by $20,000 per year for 4 additional years and then leveling off until year 10; $350,000 in year 11 and thereafter. Find the PW for this project.(MARR is 6%)

I have a case study and I need some ideas please. below is a summary. I needs ideas regarding management of cost accounting

In a company X, the expenses in human ressources are taking 60% of the revenue, so the profit is being considerably reduced. as a cost accountant, what strategies or tactics can be implemented in order to manage better or minize this cost and increase profit. PLEASE i NEED ideas in order to keep moving with this case study. thanks

The price elasticity of demand for imported whiskey is estimated to be −0.70 over a wide interval of prices. The federal government decides to raise the import tariff on foreign whiskey, causing its price to rise by 20 percent.

a. Will the quantity demanded on imported whiskey rise or fall, and by what percentage amount?

b. What is the percentage change in the total revenue of imported whisky after the tariff increases?

c. What will be the impact on domestic whisky demand after the tariff increases?

The following accounts were extracted from Salem Company by end of the year:

Accounts payable      

Accounts receivable

Accumulated depreciation- Building

Accumulated depreciation-equipment

Bonds payable

Buildings

Cash                                     

Copyright

Equipment

Inventory

Investment (long term

Investment in six-month securities

Capital

Land

Prepaid rennet

Revenue received in advance

Required:

• List the main items of the classified financial position.
• Prepare the balance sheet format out of the above accounts.

Tiner Leasing Company purchased specialized equipment from Fred

Company on December 31, 2019 for $800,000. On the same date, it leased this equipment to Tears Company for 6 years, the useful life of the equipment. The lease payments begin January 1, 2020 and are made every 6 months. Tiner Leasing wants to earn 9% annually on its investment.

   (a) Calculate the amount of each rent. $ __________

   (b) How much interest revenue will Tiner earn in 2020? $ __________

Please use excel and demonstrate the formulae used.

A new project will cost $32,356 initially and will last for 7 years, at which time its salvage value will be $2,500. Annual revenues are anticipated to be $15,000 per year. For a MARR of 6% percent every year, plot a sensitivity graph for annual worth versus initial cost, annual revenue, and salvage value, varying only one parameter at a time, each within the range of +/- 50% increments of 10%.

The market for a product is defined by the following demand and supply curves:

Qd=26-0.1P

Qs=-10+0.3P

Assume that an ad valorem tax of 50 per cent (i.e. t=0.5) is placed on the product.

   (a) On the diagram you have drawn in (i), add the new supply curve reflecting the impact of the ad valorem tax.

   (b) Derive mathematically the new equilibrium consumer and producer prices and quantity.

   (c) Find the amount of tax revenue gained by the government

Assume you have completed a capital budgeting analysis of building a new plant on land you own, and the project's NPV is $100 million. You now realize that instead of building the plant, you could build a parking garage, and would generate a pre tax revenue of $15 million. The project would last 3 years, the corporate tax rate is 40%, and the WACC is 7%. What is the new NPV of the project, after incorporating the effect of the opportunity cost?

a.Carefully explain what is meant by explicit; implicit; and sunk costs. How are they used to calculate accounting profit and economic profit? [5 marks]

b. Explain the relationship between total product, marginal product, and average product. [3 marks]

c. Explain the difference between the short run and the long run. [4 marks]

d. Why is the level of output at which marginal revenue equals marginal cost the profit maximizing output? [5 marks