Questions
You must evaluate a proposal to buy a new milling machine. The purchase price of the...

You must evaluate a proposal to buy a new milling machine. The purchase price of the milling machine, including shipping and installation costs, is $154,000, and the equipment will be fully depreciated at the time of purchase. The machine would be sold after 3 years for $46,000. The machine would require a $9,000 increase in net operating working capital (increased inventory less increased accounts payable). There would be no effect on revenues, but pretax labor costs would decline by $43,000 per year. The marginal tax rate is 25%, and the WACC is 11%. Also, the firm spent $4,500 last year investigating the feasibility of using the machine. How should the $4,500 spent last year be handled? The cost of research is an incremental cash flow and should be included in the analysis. Only the tax effect of the research expenses should be included in the analysis. Last year's expenditure should be treated as a terminal cash flow and dealt with at the end of the project's life. Hence, it should not be included in the initial investment outlay. Last year's expenditure is considered an opportunity cost and does not represent an incremental cash flow. Hence, it should not be included in the analysis. Last year's expenditure is considered a sunk cost and does not represent an incremental cash flow. Hence, it should not be included in the analysis. What is the initial investment outlay for the machine for capital budgeting purposes after the 100% bonus depreciation is considered, that is, what is the Year 0 project cash flow? Enter your answer as a positive value. Round your answer to the nearest dollar. $ What are the project's annual cash flows during Years 1, 2, and 3? Do not round intermediate calculations. Round your answers to the nearest dollar. Year 1: $ Year 2: $ Year 3: $ Should the machine be purchased?

In: Finance

Nick and Tim are considering contributing toward the creation of a water fountain. Each can choose...

Nick and Tim are considering contributing toward the creation of a water fountain. Each can choose whether to contribute $300 to the water fountain or to keep that $300 for a pool table.

Since a water fountain is a public good, both Nick and Tim will benefit from any contributions made by the other person. Specifically, every dollar that either one of them contributes will bring each of them $0.70 of benefit. For example, if both Nick and Tim choose to contribute, then a total of $600 would be contributed to the water fountain. So, Nick and Tim would each receive $420 of benefit from the water fountain, and their combined benefit would be $840. This is shown in the upper left cell of the first table.

Since a pool table is a private good, if Nick chooses to spend $300 on a pool table, Nick would get $300 of benefit from the pool table and Tim wouldn't receive any benefit from Nick's choice. If Nick still spends $300 on a pool table and Tim chooses to contribute $300 to the water fountain, Nick would still receive the $210 of benefit from Tim's generosity. In other words, if Nick decides to keep the $300 for a pool table and Tim decides to contribute the $300 to the public project, then Nick would receive a total benefit of $300+$210=$510$300+$210=$510, Tim would receive a total benefit of $210, and their combined benefit would be $720. This is shown in the lower left cell of the first table.

Complete the following table, which shows the combined benefits of Nick and Tim as previously described.

Tim
Contributes Doesn't contribute
Nick Contributes $840
Doesn't contribute $720

Of the four cells of the table, which gives the greatest combined benefits to Nick and Tim?

When both Nick and Tim contribute to the water fountain

When neither Nick nor Tim contributes to the water fountain

When Nick contributes to the water fountain and Tim doesn't, or vice versa

Now, consider the incentive facing Nick individually. The following table looks similar to the previous one, but this time, it is partially completed with the individual benefit data for Nick. As shown previously, if both Nick and Tim contribute to a public good, Nick receives a benefit of $420. On the other hand, if Tim contributes to the water fountain and Nick does not, Nick receives a benefit of $510.

Complete the right-hand column of the following table, which shows the individual benefits of Nick.

Hint: You are not required to consider the benefit of Tim.

Tim
Contribute Doesn't contribute
Nick Contribute $420, -- , --
Doesn't contribute $510, -- , --

If Tim decides to contribute to the water fountain, Nick would maximize his benefit by choosing   to the water fountain. On the other hand, if Tim decides not to contribute to the water fountain, Nick would maximize his benefit by choosing   to the water fountain.

These results illustrate   .

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In: Economics

Write about Phase relations and their relevance with engineering properties of soil?

Write about Phase relations and their relevance with engineering properties of soil?

In: Civil Engineering

Kirtland Corporation uses a periodic inventory system. At the end of the annual accounting period, December...

Kirtland Corporation uses a periodic inventory system. At the end of the annual accounting period, December 31, the accounting records for the most popular item in inventory showed the following: Transactions Units Unit Cost Beginning inventory, January 1 410 $4.00 Transactions during the year: a. Purchase, January 30 310 3.50 b. Purchase, May 1 470 5.00 c. Sale ($6 each) (170) d. Sale ($6 each) (710) Required: a. Compute the amount of goods available for sale. b. & c. Compute the amount of ending inventory and cost of goods sold at December 31, under Average cost, First-in, first-out, Last-in, first-out and Specific identification inventory costing methods. For Specific identification, assume that the first sale was selected two-fifths from the beginning inventory and three-fifths from the purchase of January 30. Assume that the second sale was selected from the remainder of the beginning inventory, with the balance from the purchase of May 1.

In: Accounting

We are evaluating a project that costs $1,770,000, has a life of 6 years, and has...

We are evaluating a project that costs $1,770,000, has a life of 6 years, and has no salvage value. Assume that depreciation is straight-line to zero over the life of the project. Sales are projected at 87,000 units per year. Price per unit is $38.13, variable cost per unit is $23.35, and fixed costs are $824,000 per year. The tax rate is 23 percent, and we require a return of 9 percent on this project.

Suppose the projections given for price, quantity, variable costs, and fixed costs are all accurate to within ±10 percent. Calculate the best-case and worst-case NPV and OCF figures

In: Finance

A sample of gas occupies 300 ml at STP. Under what pressure would this sample occupy...

A sample of gas occupies 300 ml at STP. Under what pressure would this sample occupy a volume of 150 ml at a temperature of 546 ̊C?

Calculate the pressure exerted by 60.0 g C2H6 (ethane) in a 30.0-L vessel at 27 ̊C.

When nickel is heated in carbon monoxide, a gaseous product is formed that has a density of 6.57 g/L at 750 torr and 40 ̊C. The compound is analyzed to show 34.30% Ni, 28.1% C and 37.53% O. What is the molecular formula of the compound?

If 2.0 liters of N2 at 2.0 atm and 2.0 liters of H2 at 1.0 atm are put in a 4.0-liter vessel, what is the final pressure, temperature being constant?

Two gases, Ar and He, are contained in vessel. The mole fraction of He is 0.35 with a partial pressure of 1.15 atm. What is the partial pressure of Ar?

Given the reaction below, how many grams of iron are needed to produce 100 liter of hydrogen gas at STP?

3Fe(s) + 4H2O(l) → Fe3O4 (s) +4H2 (g)

What volume of oxygen at 18 ̊C and 750 torr can be obtained from the thermal decomposition of 100-g KClO3?

2KClO3 (s) → 2KCl(s) +3O2 (g)

A student collects 2.63 L of O2 over water at 29 ̊C and 769 torr by thermal decomposition of potassium chlorate. a) How many grams of oxygen are in the sample? b) How many grams of KClO3 decomposed to produce the oxygen?

2KClO3 (s) → 2KCl (s)+ 3O2 (g)

In: Chemistry

A 25.00 mL sample of 0.280 M NaOH analyte was titrated with 0.750 M HBr at...

A 25.00 mL sample of 0.280 M NaOH analyte was titrated with 0.750 M HBr at 25 °C. Calculate the initial pH before any titrant was added. Calculate the pH after the 5.00ml titrant was added.

In: Chemistry

1)A university financial aid office polled a random sample of 824 male undergraduate students and 731...

1)A university financial aid office polled a random sample of 824 male undergraduate students and 731 female undergraduate students. Each of the students was asked whether or not they were employed during the previous summer. 568 of the male students and 391 of the female students said that they had worked during the previous summer. Give a 90% confidence interval for the difference between the proportions of male and female students who were employed during the summer.

Step 1 of 3:

Find the point estimate that should be used in constructing the confidence interval. Round your answer to three decimal places

Step 2 of 3:

Find the margin of error. Round your answer to six decimal places.

Step 3 of 3:

Construct the 90%confidence interval. Round your answers to three decimal places.

2)The water works commission needs to know the mean household usage of water by the residents of a small town in gallons per day. They would like the estimate to have a maximum error of 0.14 gallons. A previous study found that for an average family the standard deviation is 2.3 gallons and the mean is 15 gallons per day. If they are using a 99% level of confidence, how large of a sample is required to estimate the mean usage of water? Round your answer up to the next integer

3)Given two independent random samples with the following results:

n1        7          n2        11

x1bar   143      x2bar   162

s1        12        s2        33

data: n1=7 x‾1=143    s1=12   n2=11 x‾2=162 s2=33

Use this data to find the 90% confidence interval for the true difference between the population means. Assume that the population variances are equal and that the two populations are normally distributed.

Step 1 of 3:

Find the point estimate that should be used in constructing the confidence interval.

Step 2 of 3:

Find the margin of error to be used in constructing the confidence interval. Round your answer to six decimal places.

Step 3 of 3:

Construct the 90% confidence interval. Round your answers to the nearest whole number

In: Math

Just Dew It Corporation reports the following balance sheet information for 2017 and 2018. JUST DEW...

Just Dew It Corporation reports the following balance sheet information for 2017 and 2018.


JUST DEW IT CORPORATION
2017 and 2018 Balance Sheets
Assets Liabilities and Owners’ Equity
2017 2018 2017 2018
  Current assets   Current liabilities
      Cash $ 10,200 $ 13,200       Accounts payable $ 46,000 $ 62,160
      Accounts receivable 30,200 38,640       Notes payable 27,800 33,120
      Inventory 74,600 87,120
        Total $ 115,000 $ 138,960         Total $ 73,800 $ 95,280
  Long-term debt $ 40,000 $ 36,000
  Owners’ equity
      Common stock and paid-in surplus $ 60,000 $ 60,000
      Retained earnings 226,200 288,720
  Net plant and equipment $ 285,000 $ 341,040   Total $ 286,200 $ 348,720
  Total assets $ 400,000 $ 480,000   Total liabilities and owners’ equity $ 400,000 $ 480,000

  

Prepare the 2017 and 2018 common-size balance sheets for Just Dew It. (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)

  

In: Finance

What do you think is the trend in the domestic and international labor market that presents...

What do you think is the trend in the domestic and international labor market that presents the greater challenge to HR professionals

In: Operations Management

Question 1 Data collected (including the normalized values) by a riding mower manufacturer on its existing...

Question 1

  1. Data collected (including the normalized values) by a riding mower manufacturer on its existing customers are listed below.

    Customer ID

    Income

    Lot_Size

    Normalized Income

    Normalized Lot_Size

    Ownership

    1

    61.5

    20.8

    -0.351

    0.762

    Owner

    2

    82.8

    22.4

    0.726

    1.421

    Owner

    3

    52.8

    20.8

    -0.790

    0.762

    Nonowner

    4

    84

    17.6

    0.786

    -0.556

    Nonowner

    5

    63

    14.8

    -0.275

    -1.709

    Nonowner

    The riding mower manufacturer wants to classify a new customer (data given below) as either an owner or a nonowner using k-Nearest Neighbors method.

    Income

    Lot_Size

    Normalized Income

    Normalized Lot_Size

    81

    20

    0.635

    0.532

    Round your answers to 3 digits after the decimal point.

    The Euclidean distance between the new customer and Customer 1 is?

    The Euclidean distance between the new customer and Customer 2 is?

    The Euclidean distance between the new customer and Customer 3 is?

    The Euclidean distance between the new customer and Customer 4 is?

    The Euclidean distance between the new customer and Customer 5 is?

    The new customer should be classified as?(owner or nonowner?) if k is set to 3.

In: Operations Management

list and explain the three typical procedures for transferring a juvenile to criminal court

list and explain the three typical procedures for transferring a juvenile to criminal court

In: Economics

Colsen Communications is trying to estimate the first-year cash flow (at Year 1) for a proposed...

Colsen Communications is trying to estimate the first-year cash flow (at Year 1) for a proposed project. The assets required for the project were fully depreciated at the time of purchase. The financial staff has collected the following information on the project: Sales revenues $25 million Operating costs 20 million Interest expense 2 million The company has a 25% tax rate, and its WACC is 10%. Write out your answers completely. For example, 13 million should be entered as 13,000,000. What is the project's operating cash flow for the first year (t = 1)? Round your answer to the nearest dollar. $ If this project would cannibalize other projects by $1.5 million of cash flow before taxes per year, how would this change your answer to part a? Round your answer to the nearest dollar. The firm's OCF would now be $ .

In: Finance

Please Use your keyboard (Don't use handwriting) MGT 322 I need new and unique answers, please....

Please Use your keyboard (Don't use handwriting)

MGT 322

I need new and unique answers, please. (Use your own words, don't copy and paste)

Critical Thinking

The global marketplace has witnessed an increased pressure from customers and competitors in manufacturing as well as service sector (Basu, 2001; George, 2002). Due to the rapidly changing global marketplace only those companies will be able to survive that will deliver products of good quality at cheaper rate and to achieve their goal companies try to improve performance by focusing on cost cutting, increasing productivity levels, quality and guaranteeing deliveries in order to satisfy customers (Raouf, 1994).

Increased global competition leads the industry to increasing efficiency by means of economies of scale and internal specialization so as to meet market conditions in terms of flexibility, delivery performance and quality (Yamashina, 1995). The changes in the present competitive business environment are characterized by profound competition on the supply side and keen indecisive in customer requirements on the demand side. These changes have left their distinctive marks on the different aspect of the manufacturing organizations (Gomes et al., 2006). With this increasing global economy, cost effective manufacturing has become a requirement to remain competitive.

To meet all the challenges organizations try to introduce different manufacturing and supply techniques. Management of organizations devotes its efforts to reduce the manufacturing costs and to improve the quality of product. To achieve this goal, different manufacturing and supply techniques have been employed. The last quarter of the 20th century witnessed the adoption of world-class, lean and integrated manufacturing strategies that have drastically changed the way manufacturing firm’s leads to improvement of manufacturing performance (Fullerton and McWatters, 2002).

Consult chapter 7 of your text book or secondary available data on internet and answer the following questions.

Question:

  1. Why Companies adopted Lean Thinking and JIT model?
  2. Discuss major types of Waste, companies has to keep in mind during production.
  3. Assess the reasons for using lean thinking (suitable examples), what are the benefits from Suppliers to end users?
  4. Due to COVID 19 emergency do you think agile supply chain is the right concept in this kind of situation? Give reason with example.

The Answer should be within 4- 5 pages.

The Answer must follow the outline points below:

  • Lean Thinking and JIT Concept
  • Agile Supply chain
  • Their Main functions
  • Reasons with suitable Examples
  • Reference

In: Operations Management

Q-1) Write a program that mimics a calculator. The program should take as input two integers...

Q-1) Write a program that mimics a calculator. The program should take as input two integers and the operation to be performed. It should then output the numbers, the operator, and the result. For division, if the denominator is zero, output an appropriate message.

Some sample outputs follow:

3 + 4 = 7

13 * 5 = 65

In: Computer Science