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- ces The Hub Store at a university in eastern Canada is considering purchasing a self-serve checkout machine similar to those used in many grocery stores and other retail outlets. Currently the university pays part-time wages to students totalling $64,500 per year. A self-serve checkout machine would reduce part-time student wages by $44,500 per year. The machine would cost $430,000 and has a 10-year useful life. Total costs of operating the checkout machine would be $6,900 per year, including maintenance. Major maintenance would be needed on the machine in five years at a total cost of $11,900. The salvage value of the checkout machine in 10 years would be $49,500. The CCA rate is 25%. Management requires a 9% after-tax return on all equipment purchases. The company's tax rate is 30%. Required: 1. Determine the before-tax net annual cost savings that the new checkout machine will provide. Net annual cost savings 2-a. Using the data from (1) above and other data from the exercise,…Student Question 不 Your factory has been offered a contract to produce a part for a new printer. The contract would last for 3 years and your cash flows from the contract would be $4.82 million per year. Your upfront setup costs to be ready to produce the part would be $7.97 million. Your discount rate for this contract is 7.6%. a. What does the NPV rule say you should do? b. If you take the contract, what will be the change in the value of your firm? Your factory has been offered a contract to produce a part for a new printer. The contract would last for 3 years and your cash flows from the contract would be $4.82 million per year. Your upfront setup costs to be ready to produce the part would be $7.97 million. Your discount rate for this contract is 7.6% a. What does the NPV rule say you should do? b. If you take the contract, what will be the change in the value of your firm? Your Submission Rating Sub-Subject Principles Of Finance Step-by-step Step 1 of 2 Topic Risk And Rates Of…A privately run, for-profit, prison is considering ways in which it can cut its monthly costs and therefore increase profit. One idea it is considering is to pay a judge to guarantee convicted prisoners in poor health win their appeals and are set free. The prison believes it can realize the monthly cost savings below over the initial year of the plan. What is the present value of the first year's monthly cost savings? Month Savings ($) 1 3,500 2 6,000 3 6,500 4 9,000 5 9,000 6 9,000 7 9,400 8 9,800 9 4,800 10 5,000 11 2,000 12 3,500 Total 77,500 Assume a discount rate of 8%. Show both written and excel solutions. Please make sure to use Exel and all formulas are used and nothing is left blank in the arguments. Thanks. Also, I see the one you have answered already that is the same question it just does not show all Excel arguments! Thanks
- × Your answer is incorrect. A university's college of engineering would like to determine how much it will cost to keep its computing equipment current. In today's dollars, the college estimates that it will cost $190,000 to replace old computing equipment. Due to decreasing prices on computers, it estimates that this cost will decrease each of the following years by 7%. What would the present worth of computing updates for years 1-5 be, assuming a required 15% real return on its investments? Click here to access the TVM Factor Table calculator. A Carry all interim calculations to 5 decimal places and then round your final answer to a whole number. The tolerance is + $10. 564921.75More than 40 million Americans are estimated to have at least one outstanding student loan to help pay college expenses (40 Million Americans Now Have Student Loan Debt, CNNMoney, September 2014). Not all of these graduates pay back their debt in satisfactory fashion. Suppose that the following joint probability table shows the probabilities of student loan status and whether or not the student had received a college degree. a. What is the probability that a student with a student loan had received a college degree? b. What is the probability that a student with a student loan had not received a college degree? c. Given that the student has received a college degree, what is the probability that the student has a delinquent loan? d. Given that the student has not received a college degree, what is the probability that the student has a delinquent loan? e. What is the impact of dropping out of college without a degree for students who have a student loan?Please solve via EXCEL and show table calculation functions used to get solutions. You are trying to talk your brother out of using one of those payday loan places. You told him that it would be a bad idea and you are explaining why. The loan is for $750 and it will be paid back in 12 days. He will have to pay them back $1100. If the company compounds every 12 days… What is the effective interest rate per year? What would you owe if you kept the money for 1 year?
- Proposal #2 would establish local collection centers throughout the region to decrease the time it takes to convert credit payments that are mailed in by check to cash. It is estimated that establishing these collection centers would reduce the average collection time by 2 days. 1.If the company currently averages $50,000 in collections per day, how many dollars will this suggested cash management system free up? 2.If all freed up dollars would be used to pay down debt that has an interest rate of 8%, how much money could be saved each year in interest expense? 3 Do the numbers suggest that this new system should be implemented if its total annual cost is $7000? Explain.Question Help ▼ Credit terms. As manager of Fly-by-Night Airlines, you decide to allow customers 90 days to pay their bills. To encourage early payment, though, you allow them to reduce their bills by 2.1% if they pay within the first 23 days. At what implied effective annual interest rate are you loaning money to your customers? What if you extend the discount to 77 days and allow full payment up to 180 days? At what implied effective annual interest rate are you loaning money to your customers? 1 % (Round to two decimal places)H4. Resolute Health buys $600,000 of a particular item (at gross prices) from its major supplier, Cardinal Health, which offers Resolute terms of 2/10, net 30. Currently, the hospital is paying the supplier the full amount due on Day 30, but it is considering taking the discount, paying on Day 10 and replacing the trade credit with a bank loan that has a 12 percent rate. Assume 360 days per year. What is the amount of free trade credit that the organization obtains from Cardinal Health? Format is $xx,xxx.xx What is the total amount of trade credit offered by Cardinal? Format is $xx,xxx.xx What is the approximate annual cost of the costly trade credit? Format is xx.xx% Should the organization replace a portion of the trade credit with the bank loan? Format is Yes or No If the bank loan is used, how much of the trade credit should be replaced? Format is $xx,xxx.xx
- Ethical Behavior Consider the following scenario between Dave, a printer, and Steve, an assistant in the local universitys athletic department. Steve: Dave, our department needs to have 10,000 posters printed for the basketball team for next year. Heres the mock-up, and well need them in a month. How much will you charge? Dave: Well, given the costs I have for ink and paper, 1 can come in at around 5,000. Steve: Great, heres what I want you to do. Print me up an invoice for 7,500. Huts our budget. Then, when they pay you, you give me a check for 2,500. Ill make sure that you get the job. Required: CONCEPTUAL CONNECTION Is Steves proposal ethical? What should Dave do?conomics Please help me with this engineering economy question. thank you A. A student takes out $10,000 in loans. If she repays the loan over a 10 year period, calculate the annual payment. Assume 6% interest. B. Sam wants to borrow $20,000 for a car. The payment terms are calculated at 12% interest, compounded monthly, for 5 years. Calculate the monthly payment, choose the closest answer. C. A purchase of a new machine is being evaluated. If we assume 12% annual interest, what is the Equivalent Uniform Annual Cost? Choose the nearest answer. Initial Cost $30,000 Annual Maintenance $1,500 Salvage Value $5,000 Life 6 years D. A maintenance contract is $5,000 per year for 10 years. Assuming 9% annual interest, calculate the present value of this contract. Choose the closest answer.You just received an offer in the mail to transfer the $5,000 balance from your current credit card, which charges an annual rate of 18.7 percent, to a new credit card charging a rate of 7.9 percent. You plan to make payments of $250 a month on this debt. How many fewer payments will you have to make to pay off this debt if you transfer the balance to the new card? Group of answer choices 2.48 3.10 2.86 2.79 2.64