The YayForSemesterBreak Company wants to calculate the NPV and IRR on the following project: Cost is $17,800 today, with end-of-year cash flows of $8,000, $8,000, and $7,000, Years 1 through 3 respectively for three years. Assume the cost of capital is 8%. SHOW ALL WORK on the TI BAII Plus Calculator FOR FULL CREDIT. a) NPV? b) IRR? c) Do you accept or reject the project, and why?

our company is considering a machine that will cost $ 6,582 at Time 0 and which can be sold after 3 years for $ 231 . To operate the machine, $ 418 must be invested at Time 0 in inventories; these funds will be recovered when the machine is retired at the end of Year 3. The machine will produce sales revenues of $ 981 /year for 3 years; variable operating costs (excluding depreciation) will be 56 percent of sales. Operating cash inflows will begin 1 year from today (at Time 1). The machine is in the 3-year MACRS class. The MACRS class has depreciation of 33% in year 1, 45% in year 2, 15% in year 3, and 7% in year 4. The company has a 30 percent tax rate, enough taxable income from other assets to enable it to get a tax refund from this project if the project's income is negative, and a 10 percent cost of capital. Inflation is zero. What are the terminal cash flows associated with ending this project?

Note, I want only the Year 3 terminal cash flows, not the year 3 operating cash flows. Show your answer to the nearest $.01 Do not use the $ symbol in your answer.

ABC Company produces a chemical. At the start of the year, they had the following cost information:

ABC Company computes its overhead rates using practical volume, which is 72,000 units. The actual results are as follows:

a. Units produced: 70,000.

b. Direct materials purchased: 744,000 pounds @ $1.50 per pound.

c.   Direct materials used: 736,000 pounds.

d. Direct labor: 56,000 hours @ $17.90 per hour.

e. Fixed overhead: $214,000

f.   Variable overhead: $175,400

Required: You must show all your calculations for question 1 (below) to get credit.

1. Calculate all the following variances:

a. Direct materials price and efficiency variances.

b. Direct labor price and efficiency variances.

c.   Variable overhead price and efficiency variances.

d. Fixed overhead price and efficiency variances.

2. Record all the necessary journal entries for:

a. Materials purchases.

b. Materials used in production.

c.   Direct labor costs incurred in production.

d. Actual variable overhead costs incurred.

e. Variable overhead costs applied.

f.   Actual fixed overhead costs incurred.

g. Fixed overhead costs applied.

h. Recognition of variable overhead variances.

i.    Recognition of fixed overhead variances.

j.    Closing of all the variance accounts

If the interest rate is 11%, what is the Equivalent Annual Cost (EAC) of the following machine: Cost: $9,000 Life: 10 years Annual cost to operate: $2,000 Answer to 2 decimal places, for example 970.12

Q1. Implementation of solar power in different applications is becoming popular and many opportunities are available for industries and other commercial establishments to adopt this technology. Impressed by this technology, a star hotel located in a remote beach of Oman is willing to use solar PV technologies for meeting 25 percentage of its daily average power requirement. It is also ready to have a battery backup system to store the entire energy obtained from solar panels. The balance power will be taken from the grid. The solar radiation may be assumed as 400 W/m2 for the region. The loads and their average working hours per day are given below.
Lights : 5 kW, 12 hours
Air conditioning systems : 4 numbers, each 30 kW, 12 hours
Refrigerator : 60 numbers, each 350 W, 10 hours
Cold Room : 12 kW, 24 hours
Kitchen equipment : 15 kW, 9 hours
Laundry equipment : 10 kW, 4 hours
Cleaning equipment : 2000 W, 8 hours
Lifts : 4 kW, 3 numbers, 5 hours
Swimming poor equipment : 6 kW, 4 hours
Water pumps : 3000 W, 2 numbers, 4 hours Fans and blowers : 4 kW, 6 hours

Based on the available data you are asked to analyze the situation and prepare a write-up to implement the PV technology for the specific application. The write-up is expected with various features like the plan for the suitable energy conversion system with all equipment, controls, storage and distribution system, a schematic diagram of the entire plan, provisions included to manage the power with the gird power, impacts of losses in various components, effective conversion of DC and AC power, specification of the battery storage system etc. Appropriate discussion is also expected to address the challenges involved in the implementation of this proposal and your valid suggestions to overcome those risks.   

What role does Robert play in the succession planning for the family business? What steps should he take?​

Power Play at the Inn

Fronting on the Pacific Ocean, the Inn at the Wharf boasts 410 guest rooms and suites, two dining rooms, a lobby bar, and the lively Gull's Nest nightclub. The inn's annual revenues are $15 million.

Robert May, 57, purchased and remodeled the inn in 1970. His wife Katherine, although not now active in the business, had assisted in decorating and menu design. They have three children: Jake, 35; Amy, 30; and Andy, 24.

Three years ago, Jake and his wife Elaine, wanting to settle down from their life as rock musicians and start a family, were welcomed back. Jake manages the Gull's Nest. Elaine, a stabilizing force for Jake, especially during the stress of on-the-road tours, is interested in using her art skills at the inn.

Business degree in hand, Amy took over office management five years ago, including computer operations, for the inn. She and her husband, who is not involved at the inn, have a son. Andy will soon receive his degree in hotel and restaurant management and expects to work at the inn upon graduation.

Today, Robert arrived home looking haggard. Questioning him, Katherine soon discovered that Amy had come into Robert's office and burst into tears. Jake had been through her office with an old buddy who represented a computer company and informed Amy that he was considering purchasing a new computer system for the inn. "And besides that, Dad, I'm pregnant again. Can I handle my job and two children?"

Robert called Jake to his office and inquired about the computer decision. Much to Robert's surprise, Jake pulled out his wallet and presented a new business card: "Jacob May, General Manager, Inn at the Wharf."

Identifying Influence Tactics Instructions: After reading the following passage, identify which influence tactics the leader is using, and explain your reasoning.

Gina is the director of human resources in a diversified company with approximately 50,000 workers. She has assembled her five direct reports in a hotel conference room for a Saturday morning meeting. With an intense facial expression, Gina launched directly into her presentation, supported by PowerPoint slides on a large screen.

“Enjoy your coffee, tea, juice, donuts, bagels, and pastries because I can offer you no other goodies this morning. As HR professionals, you know we are in trouble. As hard as we all work, and as much good as we do, our jobs are in peril. The trend is clear. Our corporation, similar to many others, might be outsourcing our work to HR vendors. The movement has already begun with payroll being outsourced last year and health insurance this year.

“Even worse, the corporate group is planning to purchase HR software that will enable line managers throughout the company to take care of their own HR responsibilities, such as recruiting and selection.

“I want to work with all of you to develop strategies and tactics so vital that the top-management team will decide to keep our group intact, and not join the outsourcing movement. We need also to discourage line managers from being performing HR on their own without our help. Think of HR activities so vital that we become indispensable. Maybe we should be coordinating a flu-shot program. Maybe we should beef up our wellness program so much that absenteeism and insurance costs are reduced to an extent that our contribution to the bottom line is obvious even to our chief financial officer.

“Now that I’ve told you the truth, let’s get started having a true dialogue about the challenges facing us.”

42. Besides just offering low prices, how can could a firm make their product or service more inelastic?

A. Offering WOW customer service and studying new ways to generate repeat business
   B. Improving the quality of the product or service
   C. Offering loyal customers some type of reward like free air and hotel travel to Las Vegas   
   D. All of the above

43. Which item below represents a non-price marketing strategy?   

Sending thank you cards to your customers thanking them for their loyalty
B. Improving the customer service
C. Offering a one-year money back guarantee   
D. All of the above

44. Why do local governments like to tax inelastic goods such as liquor and cigarettes?

A. Inelastic goods tend to be price insensitive.
B. Consumers can’t easily stop using inelastic goods
C. The government has an easier time collecting more tax revenue
D. A, B and C are all correct responses.

45. A product or service will become more elastic over time because:

A. This is a false statement. Over time products become more inelastic
B. With more time consumers can look for substitute goods or services
C. The inflection point of the demand curve will point up
D. All of the statement above are false
46. When Coca-Cola put real cocaine in their drink in the early 1900s, then what did they create?

A. A more inelastic demand curve
B. A more elastic demand curve
C. A new equilibrium point on the total revenue curve
D. A new equilibrium point on the Production Possibilities Curve
49. The source of all economic problems comes from what?

   A. Greedy people
   B. Scarcity
   C. The fact that people don’t have enough money to buy what they need
   D. The fact that government charges too much in taxes

1. Types of groups and teams (Connect, Perform)

Use your knowledge of groups and teams to answer the following questions.

Please select the answer that best completes the sentence.

In business organizations, most employees work in --------------- .

For each example presented in the following table, identify the concept being illustrated.

Match each description with the corresponding job design term that best describes it.