A machine costing $214,800 with a four-year life and an estimated $20,000 salvage value is installed in Luther Company’s factory on January 1. The factory manager estimates the machine will produce 487,000 units of product during its life. It actually produces the following units: 121,800 in 1st year, 122,600 in 2nd year, 121,500 in 3rd year, 131,100 in 4th year. The total number of units produced by the end of year 4 exceeds the original estimate—this difference was not predicted. (The machine must not be depreciated below its estimated salvage value.)

  
Required:

Compute depreciation for each year (and total depreciation of all years combined) for the machine under each depreciation method. (Round your per unit depreciation to 2 decimal places. Round your answers to the nearest whole dollar.)

Compute depreciation for each year (and total depreciation of all years combined) for the machine under each Straight-line depreciation.

Compute depreciation for each year (and total depreciation of all years combined) for the machine under each Units of production.

Compute depreciation for each year (and total depreciation of all years combined) for the machine under each Double-declining-balance.

QUESTION 5

The experiment conducted by Andre Jagendorf with isolated thylakoid membranes proved that

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QUESTION 6

For every molecule of oxygen (O₂) produced, how much ATP and NADPH are produced?

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QUESTION 7

For every molecule of carbon dioxide (CO₂) incorporated into sugar, how much ATP and NADPH are consumed?

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QUESTION 8

When a plant is illuminated after a period of darkness, what changes occur in the environment of the chloroplast? Choose all that are correct

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QUESTION 9

During the Calvin-Benson Cycle

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The managers of Classic Autos Incorporated plan to manufacture classic Thunderbirds (1957 replicas). The necessary foundry equipment will cost a total of $4,200,000 and will be depreciated using a five-year MACRS life, The sales manager has an estimate for the sale of the classic Thunderbirds. The annual sales volume will be as​ follows:

Year one:   260   Year four:   350
Year two:   290 Year five:   300
Year three:   360      

If the sales price is ​$28,000 per​ car, variable costs are ​$19,000 per​ car, and fixed costs are ​$1,400,000 ​annually, what is the annual operating cash flow if the tax rate is 30​%? The equipment is sold for salvage for ​$500,000 at the end of year five. Net working capital increases by ​$500,000 at the beginning of the project​ (year 0) and is reduced back to its original level in the final year. Find the internal rate of return for the project using the incremental cash flows.

1:what is the annual operating cash flow of the project for year​ 1, 2, 3, 4, 5, 6?

2: what is the​ after-tax cash flow of the equipment at​ disposal?

3: what is the incremental cash flow of the project in year​ 0, 1, 2, 3, 4, 5?

4: What is the IRR of the project?

MACRS Fixed Annual Expense Percentages by Recovery Class:        

130 adults with gum disease were asked the number of times per week they used to floss before their diagnoses. The (incomplete) results are shown below:

a. Complete the table (Use 4 decimal places when applicable)

b. What is the cumulative relative frequency for flossing 6 times per week? %

250 people are asked how many siblings they have?

a. Complete the table (Use 4 decimal places when applicable)

b. What percent of the people have exactly one sibling? %

50 part-time students were asked how many courses they were taking this term. The (incomplete) results are shown below:

a. Complete the table.

b. What percent of students take exactly one course? %

50 part-time students were asked how many courses they were taking this term. The (incomplete) results are shown below:

Please fill out the table.

What percent of students take exactly two courses? %

7-5

A machine costing $211,400 with a four-year life and an estimated $15,000 salvage value is installed in Luther Company’s factory on January 1. The factory manager estimates the machine will produce 491,000 units of product during its life. It actually produces the following units: 121,600 in 1st year, 123,900 in 2nd year, 120,800 in 3rd year, 134,700 in 4th year. The total number of units produced by the end of year 4 exceeds the original estimate—this difference was not predicted. (The machine must not be depreciated below its estimated salvage value.)

  
Required:

Compute depreciation for each year (and total depreciation of all years combined) for the machine under each depreciation method. (Round your per unit depreciation to 2 decimal places. Round your answers to the nearest whole dollar.)

Compute depreciation for each year (and total depreciation of all years combined) for the machine under each Straight-line depreciation.

Compute depreciation for each year (and total depreciation of all years combined) for the machine under each Units of production.

Compute depreciation for each year (and total depreciation of all years combined) for the machine under each Double-declining-balance.

A machine costing $214,400 with a four-year life and an estimated $18,000 salvage value is installed in Luther Company’s factory on January 1. The factory manager estimates the machine will produce 491,000 units of product during its life. It actually produces the following units: 122,100 in 1st year, 123,200 in 2nd year, 120,600 in 3rd year, 135,100 in 4th year. The total number of units produced by the end of year 4 exceeds the original estimate—this difference was not predicted. (The machine must not be depreciated below its estimated salvage value.)

  
Required:

Compute depreciation for each year (and total depreciation of all years combined) for the machine under each depreciation method. (Round your per unit depreciation to 2 decimal places. Round your answers to the nearest whole dollar.)

Compute depreciation for each year (and total depreciation of all years combined) for the machine under each Straight-line depreciation.

Compute depreciation for each year (and total depreciation of all years combined) for the machine under each Units of production.

• Compute depreciation for each year (and total depreciation of all years combined) for the machine under each Double-declining-balance.

  	DDB Depreciation for the Period End of Period Year Beginning of Period Book Value Depreciation Rate Depreciation Expense Accumulated Depreciation Book Value 1 % $0 2 % 0 3 % 0 4 % 0 $0

4 a. Suppose you are the fixed rate payer in a $10million interest rate swap where the floating rate is the 3-month LIBOR rate and the fixed rate is 3%. The tenor is one year and the rate is reset quarterly. Calculate what you will pay or receive on June 1, Sept 1, Dec 1, and March 1 next year if LIBOR rates turn out to be: June 1: 2%; Sept 1: 2.5%; Dec 1: 3%, and March 1 (next year): 4%.

b. Suppose you have a loan agreement for a $10m 1-year loan at LIBOR plus 150 basis points starting June 1, 2011 with the rate reset quarterly. Combined with the swap in question a, what are your hedged payments in June, Sept, Dec and next March?

January Transactions

1-thg 1 Performed car repair services and received cash at the time of sale, $4,350.

2-thg 1 Paid for the car parts purchased on account last year, $790.

4-thg 1 Paid wages and salaries for $2,575, part of which was accrued in December.

10-thg 1 Paid the utility bill that was already accrued in December in utilities payable.

16-thg 1 Collected cash from credit sales made last year, $1,800.

20-thg 1 Purchased $4,500 of equipment, paid $2,250 cash and issued a note for $2,250.

22-thg 1 Performed car repair services on account, $3,940.

27-thg 1 Paid dividends to the company's owners, $300.

January Adjusting Entries

31-thg 1 The estimated depreciation on building and equipment is $770.

31-thg 1 One month of rent has expired, $850. 31-thg 1 The annual interest rate is 4% on all notes and paid quarterly. It was last paid on Dec 31 of the prior year. Round to the nearest dollar. 31-thg 1 The supplies remaining at the end of the month was $680.

31-thg 1 Accrued wages and salaries worked in January that will be paid 2-4, $1,790.

31-thg 1 The estimated income taxes for the month is $655.

• Record January transactions in the General Journal and post to the General Ledger.
• Record adjusting entries for January in the General Journal and post to the General Ledger.
• Prepare the adjusted trial balance as of January 31.

A US electronics firm has a plant in the US and another in China. The production function is the same in both plants q = L1 2 K 1 2 (notice that marginal product of labor is MPL = 1 2L− 1 2 K 1 2 = 1 2 q L and marginal product of capital is MPK = 1 2L1 2 K− 1 2 = 1 2 q K ). The US prices are w = r = 9. In China the firm faces the same cost of capital r∗ = 9 but the wage rate is lower, w∗ = 4.

A.Show the total, average and marginal product of labor with this production function if capital is fixed at K = 100

B.

C.Represent in a diagram the cost minimizing choice of factors to produce q = 100 in each country

D.Write the equilibrium proportions of the factors that the firm is going to use in each country.

E. Write the expressions for cost, obtain the relationships factorsoutput and deduce the cost functions for both countries. Calculate the cost of producing q = 100 units in each country.

There is no question b

Paul is in the market for a used car. He has found the same sports car at two different dealerships and is now considering which dealer he should purchase the car from. Dealer 1 requires Paul to get the loan through their lending department. Dealer 1 has told Paul that because they do their own financing, they can get Paul the very best loan possible and Paul will only have to pay $315 per month for 48 months (4 years). Dealer 2 is selling the car for $13200. Dealer 2 has told Paul he can use their financing or get his own lender, so Paul talked with his bank and learned that he can get a 4 year car loan for 4.7% APR. Dealer 2 has also offered Paul a 4 year loan for 5.7%. Based on these loan options, what is Paul’s lowest monthly loan payment option?

A. $315 per month for 48 months from Dealer 1.

B. $302 per month for 48 months from Dealer 2.

C. $302 per month for 48 months from Paul’s bank.

D. There is not enough information to determine which loan option will have the lowest monthly payment.