Cooling Tools, Inc. is currently producing 1,479 small refrigerators per month but the company's CEO plans to increase production at a rate of 5% per month until the firm is producing 5,970 refrigerators per month. How many months will this take?
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- Hurkin Manufacturing Company pays accounts payable on the tenth day after purchase. The average collection period is 30 days, and the average age of inventory is 40 days. The firm currently has annual sales of about $18 million and purchases of $14 million. The firm is considering a plan that would stretch its accounts payable by 20 days. If the firm pays 12% per year for its resource investment, what annual savings can it realize by this plan? Assume a 360- day year.Metalfab Pump and Filter expects the cost of steel bodies for 6-inch valves to increase by $3.75 every 3 months. If the cost for the first quarter is expected to be $80, what is the present worth of the costs for a 3-year time period at an MARR of 12% per year compounded quarterly? The present worth is $Company is considering a project producing a new product, and the project will last for 10 years. The company expects to sell 10,000 units in the first year then increasing by 4% each year. the selling price for the product will be $100 per unit at the first year, then reducing by 3% each year. The variable cost is $50 per unit at the first year, increasing by 2% each year. The fixed cost is $320,000 at the first year, increasing by 3% each year. Assume all the above cash flows occur at the end of the year. The initial investment is $3,000,00 and there will be no salvage value at the end of year 10. the tax rate is 30% and the cost of capital is 12%. The initial outlay will be depreciated by using the straight-line method. A. compute the NPV of this project.
- Quick Computing currently sells 17 million computer chips each year at a price of $11 per chip. It is about to introduce a new chip, and it forecasts annual sales of 19 million of these improved chips at a price of $16 each. However, demand for the old chip will decrease, and sales of the old chip are expected to fall to 7 million per year. The old chips cost $9 each to manufacture, and the new ones will cost $14 each. What is the proper cash flow to use to evaluate the present value of the introduction of the new chip? (Enter your answer in millions.)A firm has installed a manufacturing line for packaging materials. The firm plans to produce 45 tons of packing peanuts at $4000 per ton annually for 3 years, and then 60 tons of packing peanuts per year at $5000 per ton for the next 5 years. What is the present worth of the expected income? The firm’s interest rate is 15% per year.Quick Computing currently sells 11 million computer chips each year at a price of $31 per chip. It is about to introduce a new chip, and it forecasts annual sales of 21 million of these improved chips at a price of $39 each. However, demand for the old chip will decrease, and sales of the old chip are expected to fall to 1 million per year. The old chips cost $16 each to manufacture, and the new ones will cost $10 each. What is the proper cash flow to use to evaluate the present value of the introduction of the new chip? cash flow = _____ milion
- quick computing currently sells 7 million computer chips each year at a price of $12 per chip. It is about to introduce a new chip, and it forecasts annual sales of 22 million of these improved chips at a price of $15 each. However, demand for the old chip will decrease, and sales of the old chip are expected to fall to 1 million per year. The old chips cost $6 each to manufacture, and the new ones will cost $10 each. What is the proper cash flow to use to evaluate the present value of the introduction of the new chip?Long live company is evaluating a project that produces 1,000 units of special pens peryear forever. This project requires the initial investment of $40,000. The sales start fromnext year at price of $20. The cost per unit is $13. Inflation will affect the selling price andcost. Hence, they both grow at the rate of 2.5% per year. Weighted average cost of capitalof the company is 12%. What is the NPV of the project if the company pays the tax at 35%?Whether the company needs to accept or reject the project?(a) $7,894.74: Accept(b) $47,894.74: Accept(c) $37,916.67: Accept(d) -$2,083.33: RejectSensotech, Inc., a maker of microelectromechanical systems, believes it can reduce product recalls by 10% if it purchases new software for detectingfaulty parts at a cost of $225,000. The minimum attractive rate of return is 15% per year.a. How much does the company have to save each year for 4 years to recover its investment?b. What was the cost of recalls per year before the software was purchased if the company exactly recovered its investment in 4 years from the 10% reduction?
- Jordan Corporation is considering a new product that will be very popular for a couple of years and then slowly lose its commercial appeal. Sales are projected to be $90,000 in year one, $100,000 in year two, $60,000 in year three, $40,000 in year four, $20,000 in year five, and $10,000 in the final year six. Expenses are expected to be 40% of sales with net working capital requirements to be 15% of the following time period’s revenue. Equipment of $126,000 will be required for the launch of the product; this equipment can be depreciated straight-line over six years and will be worthless at the end of the project. The Tax Rate is 20% and the opportunity cost of capital is 14.5%. What is the Internal Rate of Return (rounded to two places)? Multiple Choice 32.61% None of the above 13.39% 18.32% 19.46%Loadstar Sensors is a company that makes load/force sensors based on capacitive sensing technology. The company wants to accumulate $30 million for plant expansion five years from now. If the company already has $15 million in an investment account for the expansion, how much more must the company add to the account now so that it will have the $30 million 5 years from now? The account earns interest at 10% per year. Solve using (a) tabulated factors, and (b) a spreadsheet. Compare the answers.What is the EOQ for a firm that sells 5,800 units when the cost of placing an order is $5.20 and the carrying costs are $4.00 per unit? Round your answer to the nearest whole number. units How long will the EOQ last? Use the rounded value from the previous question. Assume 365 days in a year. Round your answer to the nearest whole number. days How many orders are placed annually? Assume 365 days in a year. Use the rounded value from the previous question. Round your answer to the nearest whole number. orders per year As a result of lower interest rates, the financial manager determines the carrying costs are now $2.2 per unit. What is the new EOQ? Round your answer to the nearest whole number. units What is the annual number of orders? Assume 365 days in a year. Use the rounded values of the new EOQ and duration of the new EOQ in your calculations. Round your answer to the nearest whole number. orders per year