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An asset has a first cost of $200,000, annual O&M costs of $5,000, a salvage value of $50,000 at the end of 10 years, and at the end of 5 years will need a major overhaul costing $20,000. At an interest rate of 4%, what is the present worth and the future worth? Please show all work and include CFD.
Suppose the Quick Towing Company purchases a new tow truck. The old truck had a book value of $1,000 and was sold for $1,420. If Quick Towing is in the 34 percent marginal tax bracket, what is the tax liability on the sale of the truck? What is the a..
A statistician had a data set containing 13 data points written in his research notebook. He spilled coffee on his notebook and now he cannot read two of the data values. He remembers that the sample mean of the original data set was 24.923 and the s..
Andy’s decision to increase his purchase of a particular good by 150 units from its previous level of 50 units was brought about by the fact that another good was on sale at 50% off the initial price. Explain, with correct numerical calculations, whe..
Mrs. Siegal has two alternative activities to help relieve her backache. In the first, she can visit a physiotherapist. The total time for a physiotherapist visit, including travel and waiting, is two hours. Mrs. Siegal earns a wage of $20 an hour. ..
Currently, a firm has $30 million in cash, $20 million in accounts receivable, $45 million worth of inventory, and $10 million in taxes payable. If the firm decided to go with a just-in-time inventory process that reduced the current inventory to $5 ..
Assume for simplicity that a monopolist has no cost of production and faces a demand curve given by !Q = 150−P. Calculate the profit maximizing price-quantity combination for this monopolist. Calculate the monopolist’s profits.
q1. suppose that any punitive damages awarded to the plaintiff were to be paid not to the plaintiff but rather to say a
Think about the markets for two kids both of supply and demand a good Asbury inelastic both of supply demand for good B is very elastic
What is a difference between fiat and commodity money?
The Saudi Riyal remains stable in comparison to the US Dollar. What are the reasons for this stability? Explain with examples. Do you expect that current revenue and expenditure patterns will affect the value of the Saudi Riyal in relation to the US ..
In macroeconomics from williamson (4th edition) in chapter 11, it says that demand for credit is R=q (totally elastic), but in williamsons notation, R is in nominal terms and q in real terms. Isnt that mistaken? shouldnt it be r=q? (r=real interest r..
The imposition of congestion charges on motorists is a form of government intervention intothe issue of traffic congestion on busy public roads. With reference to economic theorycovered in this course, why do you think the government needs to inte..
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