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Q. The Performance by Patrice (PbP) Company purchased a Centaur Computer controlled manufacturing milling machine for $635,000 for use in its rear end manufacturing operations on November 8, 2007. Delivery, re-assembly, and set-up expenses were $9,000 and the company placed this machine into service on February 8, 2008. The company used this machine until September 24, 2014 when it was sold for $132,000. However, the PbP Co. had to pay $12,000 to refurbish the machine and make it ready for sale. What is the net cash flow after tax that will result from selling this machine in the year 2014? The capital gains tax rate is 18% in 2014 and this machine is classified with a 5 year class life and is depreciated using the normal (accelerated) schedule. Express your answer to the nearest dollar and do not include spaces, commas, $ signs or other non-numeric characters in your answer.
DHL prides itself on having its own staff of more than 300,000 people spread across the globe, instead of relying on local agents.
George and John, stranded on an island, use clamshells for money. Last year George caught 300 fish and 5 wild boars. John grew 200 bunches of bananas.
Explain the role culture may play in influencing entrepreneurship both at the individual and social level. Define culture in your response.
Which of the government policies below is not likely to encourage per capita economic growth.
Find the equilibrium values of the real interest rate, consumption, investment, and the price level.
Someone proposes to buy the farm from you for $1 million. Would you make more by selling the farm or keeping it
Hero Nakamura is CEO of the Cola King Bottling Company a small regional producer operating in the Pacific Northwest. Nakamura is considering two alternative expansion proposals
The overall effectiveness of the organ procurement system in the United States. What are its strengths and weaknesses.
Explain how the U.S. economy may self-correct back to the long-run equilibrium where actual GDP equals to full GDP and there is full employment.
Board of directors has directed you to choose an output level that maximizes the firm's profit. You have an incentive to maximize profits because your job and salary depend on the profit performance of this company.
Mustard and mayonnaise are substitutes. Mustard and relish are complements. Mustard is a normal good. During the summer, about 50% of all mustard was recalled by manufacturers and removed from store shelves.
Find the equilibrium price and quantity after the shift of the demand curve.
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