HIST_bringProposal

Jerry Smith’s residential air conditioning (AC) system has not been able to keep his house cool enough in 90◦F weather. He called his local AC maintenance person, who discovered a leak in the evaporator. The cost to recharge the AC unit is $40 for gas and $45 for labor, but the leak will continue and perhaps grow worse. The AC person cautioned that this service would have to be repeated each year unless the evaporator is replaced. A new evaporator would run about $800–$850. Jerry reasons that fixing the leak in the evaporator on an annual basis is the way to go. “After all, it will take 10 years of leak repairs to equal the evaporator’s replacement cost.” Comment on Jerry’s logic. What would you do?

3) can i get help with this question?

In December 2000, the Spintex Road in Accra became impassable because the rains washed away the car bridge after a rainstorm. The Department of Urban Roads hired an Accra road construction company to repair the bridge. The work was completed in three months after commencement as agreed between the two parties. Was this a project for the Department of Urban Roads?Was it a project for the road construction company?Was it a project for kwesi the Driver of the road construction company

Trent is broke and needs cash immediately to pay off a debt he incurred. He visits the local pawn shop and leaves his grandfather’s watch in exchange for $100.00 cash. This is an example of what type of loan?   Multiple Choice Unsecured loan Chattle loan UCC loan Secured loan   The Environmental Defense Fund, an environmental watchdog group, files a lawsuit to prevent future open-pit coal mining in West Virginia. This type of lawsuit is known as a   Multiple Choice wrongful-damage suit. negligence suit. citizen suit. nuisance suit.   All of the following may be used as collateral for a secured transaction except   Multiple Choice Future profits of a business A promissory note A patent Seeds and crops

Domestic

Geek Chic Company provides computer repair services for the community. Obie Won’s computer was not working, and he called Geek Chic for a home repair visit. Geek Chic Company’s technician arrived at 2:00 pm to begin work. By 4:00 pm, the problem was diagnosed as a failed circuit board. Unfortunately, the technician did not have a new circuit board in the truck because the technician’s previous customer had the same problem and a board was used on that visit. Replacement boards were available back at Geek Chic Company’s shop. Therefore, the technician drove back to the shop to retrieve a replacement board. From 4:00 to 5:00 pm, Geek Chic Company’s technician drove the round trip to retrieve the replacement board from the shop.At 5:00 pm, the technician was back on the job at Obie’s home. The replacement procedure is somewhat complex because a variety of tests must be performed once the board is installed. The job was completed at 6:00 pm. Please chk the attachment1. If you were in…

Everyone was affected by the economic impacts of COVID-19 including nonprofits. Donations plummeted and volunteers dried up but the community's need for help only grew. The table below provides information for the Transformation Station, a nonprofit that focuses on people experiencing homelessness for the first time. Transformation Station has determined they need a bigger storage facility. They first need to perform a sensitivity analysis to determine whether to build a larger storage facility. Part 1: Perform a sensitivity analysis (aka net present value) for the three options above. Show work Part 2: Remember that we have very little control over whether the Conservative, Most Likely, or Optimistic Estimate is realized. In other words, this analysis is similar to saying, "Well, we don't know exactly how much it will cost or how much you will save. However, we have done some analysis - based on the current economic environment - and we believe it will be somewhere between the…

Your client, Piano Keys Inc., owns and operates a piano repair shop in Albany, New York. Piano Keys specializes in the repair and restoration of pianos. In November of last year, the roof over two-thirds of the Piano Keys building collapsed due to the weight of the snow on the roof. Since then, the portion of the building damaged by the roof collapse has been demolished, an addition was built onto the undamaged portion (one-third) of the building, and Piano Keys reopened for business on September 1st of this year. The following data includes financial information regarding the matter provided by the client.   The fair market value of the building (immediately before the roof collapse): $1,800,000 Piano Keys adjusted basis in the building: $300,000 The fair market value of the building immediately after the roof collapse was $600,000. Insurance proceeds due to the destruction of his building: $1,200,000 Demolition and construction costs: $1,500,000. ($1,200,000 of the insurance…

I am having trouble with this chapter we moved on  to the necktie chapter last week but I'm still having trouble with some of the problems this is one of them

Jack and Jill's Place is a nonprofit nursery school run by the parents of the enrolled children. Since the school is out of town, it has a well rather than a city water supply. Lately, the well has become unreliable, and the school has had to bring in bottled drinking water. The school's governing board is considering drilling a new well (at the top of the hill, naturally). The board estimates that new well would cost $2,458 and save the school $400 annually for 10 years. The school's hurdle rate is 9 percent. Use Appendix A for your reference. (Use appropriate factor(s) from the tables provided.) Required: Compute the internal rate of return on the new well. Should the governing board approve the new well? Internal rate of return Approve?

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Belton Park Resort is a new theme park resort located in the country of Beeland. The resort is made up of a theme park, a hotel and an indoor water park. The resort opened two months ago and is already very popular. As all theme parks in Beeland are required, by law, to shut down in the colder month of January because of the risk of accidents, Belton Park Resort must decide whether to shut down the whole resort or just the theme park. It could choose to keep open the hotel and/or the water park. Since Belton Park Resort has not been open for long, there is limited historical data available about costs and revenues. However, based on the last two months, the following average monthly data is available: Hotel   Number of rooms 120 Average room rate per night (RM) 100 Average occupancy rate per month 90% Average nightly spend on 'extras' per room (RM) 20 Contribution margin for 'extras'* 60% Water park Number of visitors per month 12000 Admission price per visitor (RM)…

Tushar

Linda Malloy is a CPA with a passion for animals and volunteers 15 hours a week at an animal shelter. While she was originally asked to provide pro bono auditing help, these days she only provides hands-on care for abandoned and rescued puppies.   One Saturday the shelter's director tells Linda that the puppies seem very agitated, and adds, "It's almost like they know what dire financial straits we are in right now and they are worried about landing back on the streets again."   Linda senses an opportunity, and calls a friend she thinks might be interested in purchasing the shelter.  She tells her friend, "I bet you can get the place for well under market value, since the owner is really stressed and needs to sell quickly." Which of the following statements is true? Select one: As a CPA, Linda is not permitted to provide volunteer or pro bono services, so has made a per se violation of the AICPA Code of Professional Conduct. Regardless of the physical labor she is providing at the…

Jack and Jill’s Place is a nonprofit nursery school run by the parents of the enrolled children. Since the school is out of town, it has a well rather than a city water supply. Lately, the well has become unreliable, and the school has had to bring in bottled drinking water. The school’s governing board is considering drilling a new well (at the top of the hill, naturally). The board estimates that a new well would cost $7,374 and save the school $1,200 annually for 10 years. The school’s hurdle rate is 8 percent.Required:Compute the internal rate of return on the new well. Should the governing board approve the new well   Questions? Internal Rate of Return: __________ Approve? Yes or No

Jack and Jill's Place is a nonprofit nursery school run by the parents of the enrolled children. Since the school is out of town, it has a well rather than a city water supply. Lately, the well has become unreliable, and the school has had to bring in bottled drinking water. The school's governing board is considering drilling a new well (at the top of the hill, naturally). The board estimates that a new well would cost $7,374 and save the school $1,200 annually for 10 years. The school's hurdle rate is 8 percent. Use Appendix A for your reference. (Use appropriate factor(s) from the tables provided.) Required: Compute the internal rate of return on the new well. Should the governing board approve the new well? Internal rate of return Approve? Yes %

Mukul

In 1998 a council-owned factory began selling replacement windows to outside customers for the first time. At the time the factory was making losses and the council needed to make severe budget cuts. The new customers have helped to reduce the losses in 1999 and a return to profits is required in 2000.An order for a special type of window has been received. The factory manufactures this type of window very occasionally and there is some partially completed inventory from last year. The inventory relates to an order from the council that was cancelled to save costs. The special windows are typically 30% complete and some of the material can be used for the new order. The accountant still has detailed records of the work done last year.The accountant has provided the following information for the factory managers.Costs incurred last year on special windows now held in inventoryPVC material = £5,000Labour = £3,000(i) The factory was planning to sell the inventory of special windows to a…