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An equipment rental firm purchased a new scissor lift to add to its rental fleet. The scissor lift cost $18,000 and is expected to have a useful life of 4 years. The salvage value at the end of the lift's useful life is estimated to be $4,000. Maintenance and ownership costs for the lift are estimated to be $7 per hour rented, and the lift is expected to rent for 800 hours per year. Using an MARR of 7%, determine the lowest rental rate that the company should use. Express your answer in $/hr to the nearest cent.
For each of the next 7 years, he received total dividends of $50 per year. For the remaining period, he received total dividends of $100 per year. What rate of return did he make on the investment?
illustrate the effect of capital formation by comparing the production possibilities curves with the present time and one in ten years time, for two different eonomies, one with a high rate of capital formation, and the other with a low rate of ca..
Keeping all else constant, their answer would likely differ. How do you guess the interviewed will answer? Does the difference in response matters? I
Illustrate what is the maximum amount he or she would pay for insurance against a 50 percent chance of losing 3,600.
show the impact of your deposit on the bank's assets and liabilities. If the required reserve ratio is 10 percent, illustrate what is the maximum amount the bank can loan from this deposit.
if Night Timers plans to sell 125,000 rolls per year, Illustrate what is the necessary price if the firm is to break even
Jim Bradley is the director of the Bradley bakery. He has collected data on his store for the past year.
The owner of an exhaustible resource should ________ current extraction rate if the expected price increase of the resource is ________ the interest rate.
Illustrate what monthly profit would she realize with that level of business during the next 3 years.
When companies expand into the international arena, they do so either because their home market has matured or because they see real opportunities in the foreign market. Discuss which kinds of international strategies are most appropriate for compani..
Consider a survival game in which a large population of animals meet and either fight over or share a food source. There are two phenotypes in the population: one always fights, and the other always shares. Draw the payoff table for the game played b..
What happens when there is a surplus of imports brought into the U.S.? Cite a specific example of a product with an import surplus, and the impact that has on the U.S. businesses and consumers involved.
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