Maynard Company projects the following sales for the first three months of the year: $15800 in January; $15,900 in February; $11,100 in March. The company expects 60% of the sales to be cash and the remainder on account. Sales on account are collected 50% in the month of the sale and 50% in the following month. The Accounts Receivable account has a zero balance on January 1. Round to the nearest dollar.

Requirements:

2.) Prepare a revised schedule of cash receipts if receipts from sales on account are 70% in the month of the sale, 10% in the month following the sale, and 20% in the second month following the sale. What is the balance in Accounts Receivable on March 31?

Requirement 2. Prepare a revised schedule of cash receipts if receipts from sales on account are 70% in the month of the? sale, 10?% in the month following the?sale, and 20?% in the second month following the sale. What is the balance in Accounts Receivable on March 31?? ?(Leave unused and zero balance account cells?blank, do not enter? "0".)

A firm is considering purchasing a computer system. The following data has been collected.
- Cost of the system: $172,000
- Project life: 6 years
- Salvage value at the end of year 6: $16,000
- Depreciation method: five-year MACRS
- Tax rate: 39%
- Annual revenue from project: $142,000
- Annual expenses (not including depreciation): $92,000
The firm will borrow the entire $172,000 at 5.8% interest to be repaid in 2 annual payments.
The firm's MARR is 12%. Determine the IRR for the computer system. Enter your answer as a percentage between 0 and 100."

"A firm is considering purchasing a computer system. The following data has been collected.
- Cost of the system: $155,000
- Project life: 6 years
- Salvage value at the end of year 6: $22,000
- Depreciation method: five-year MACRS
- Tax rate: 40%
- Annual revenue from project: $130,000
- Annual expenses (not including depreciation): $93,000
The firm will borrow the entire $155,000 at 9% interest to be repaid in 2 annual payments.
The firm's MARR is 19%. Determine the IRR for the computer system. Enter your answer as a percentage between 0 and 100."

"A firm is considering purchasing a computer system. The following data has been collected. - Cost of the system: $165,000 - Project life: 6 years - Salvage value at the end of year 6: $19,000 - Depreciation method: five-year MACRS - Tax rate: 32% - Annual revenue from project: $120,000 - Annual expenses (not including depreciation): $78,000 The firm will borrow the entire $165,000 at 5.5% interest to be repaid in 2 annual payments. The firm's MARR is 19%. Determine the IRR for the computer system. Enter your answer as a percentage between 0 and 100."

"A firm is considering purchasing a computer system. The following data has been collected. - Cost of the system: $179,000 - Project life: 6 years - Salvage value at the end of year 6: $11,000 - Depreciation method: five-year MACRS - Tax rate: 41% - Annual revenue from project: $136,000 - Annual expenses (not including depreciation): $85,000 The firm will borrow the entire $179,000 at 7.5% interest to be repaid in 2 annual payments. The firm's MARR is 13%. Determine the IRR for the computer system. Enter your answer as a percentage between 0 and 100."

EGN3613: Engineering Economics Analysis

Assignment 1

What are the steps used in a decision making process? Provide an example of the process in bank replacing their old ATM machines with new state of the art ones.

Define the role of engineers in the Business Decision Making Process.

Explain the difference between large and small scale Engineering Projects.

Explain in details that factors that might affect Engineering Economic Decisions

What does the Economic Principle “Marginal revenue must exceed marginal cost” means? Provide at least two references to support your explanation.

"A firm is considering purchasing a computer system. The following data has been collected.
- Cost of the system: $125,000
- Project life: 6 years
- Salvage value at the end of year 6: $18,000
- Depreciation method: five-year MACRS
- Tax rate: 33%
- Annual revenue from project: $109,000
- Annual expenses (not including depreciation): $88,000
The firm will borrow the entire $125,000 at 5.3% interest to be repaid in 2 annual payments.
The firm's MARR is 15%. Determine the IRR for the computer system. Enter your answer as a percentage between 0 and 100."

"A firm is considering purchasing a computer system. The following data has been collected.
- Cost of the system: $159,000
- Project life: 6 years
- Salvage value at the end of year 6: $18,000
- Depreciation method: five-year MACRS
- Tax rate: 32%
- Annual revenue from project: $105,000
- Annual expenses (not including depreciation): $66,000
The firm will borrow the entire $159,000 at 7.4% interest to be repaid in 2 annual payments.
The firm's MARR is 12%. Determine the IRR for the computer system. Enter your answer as a percentage between 0 and 100."

Some people argue that government-owned enterprises do not perform as well as private enterprises. Specifically, government-owned enterprises cannot efficiently allocate resources used in the production process. Do you agree with this view? Please use economic theories to explain in detail why you think this is correct or why this statement is not reliable. In your explanation, please make a comparison between a government-owned company and a private company in the same industry to support your argument. You may compare the operating revenue, costs, etc. of the two companies.

If the government follows an income tax system in which personal income up to and including
K2500 is not taxed, income of K2501 to K5000 is taxed at 10%, and income over K5000 is
taxed at 25%.
a) What is the marginal tax rate for a family earning income equal to K6000?
b) What is the average tax rate for a family earning income equal to K6000?
c) How much revenue will the government raise from an individual earning K6000?

d) What type of tax system prevails in this economy? Explain.
e) Distinguish between tax elasticity and tax buoyancy.