Person M contracted to sell his car to person H for $ 18,500. It was agreed that M will deliver the vehicle on Wednesday and H will settle the payment on Friday. On Tuesday, H conveyed his decision of not buying the car from M. However, by Friday, H tendered the agreed sum to M. M turned down the contract and H filed a lawsuit for breach of the contract. M contended anticipatory repudiation freed him from the contractual liability. To find: Whose claim will be held true in the given case.

Question

Although the Chen Company's milling machine is old, it is still in relatively good working order and would last for another 10 years. It is inefficient compared to modern standards, though, and so the company is considering replacing it. The new milling machine, at a cost of $108,000 delivered and installed, would also last for 10 years and would produce after-tax cash flows (labor savings and depreciation tax savings) of $19,000 per year. It would have zero salvage value at the end of its life. The project cost of capital is 11%, and its marginal tax rate is 25%. Should Chen buy the new machine? Do not round intermediate calculations. Round your answer to the nearest cent. Negative value, if any, should be indicated by a minus sign.

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Chapter 14, Problem 2BS

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Case summary: Person M contracted to sell his car to person H for $18,500. It was agreed that M will deliver the vehicle on Wednesday and H will settle the payment on Friday. On Tuesday, H conveyed his decision of not buying the car from M. However, by Friday, H tendered the agreed sum to M. M turned down the contract and H filed a lawsuit for breach of the contract. M contended anticipatory repudiation freed him from the contractual liability.

To find: Whose claim will be held true in the given case.

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Although the Chen Company's milling machine is old, it is still in relatively good working order and would last for another 10 years. It is inefficient compared to modern standards, though, and so the company is considering replacing it. The new milling machine, at a cost of $108,000 delivered and installed, would also last for 10 years and would produce after-tax cash flows (labor savings and depreciation tax savings) of $19,000 per year. It would have zero salvage value at the end of its life. The project cost of capital is 11%, and its marginal tax rate is 25%. Should Chen buy the new machine? Do not round intermediate calculations. Round your answer to the nearest cent. Negative value, if any, should be indicated by a minus sign.

Juan Leon Martinez posted Apr 7, 2025 11:25 AM Subscribe Hello everyone, Esteban is not performing in a professional manner in this scene. In fact, he is showing extreme unprofessional manners and unethical work ethic. Under no circumstance should he be using a company's tools or assets for his own benefit. You can also see he is trying not to get caught by any upper management due to him doing these actions after hours of work. As a manager, a great change I would do differently to make sure Esteban is not using the company's assets for their own benefit, would be coachings and sit down conversations. A sit down conversation can have the employee get an idea on how bad his actions are towards the company. This disciplinary of a coaching would be a written down statement from both manager and employee stating that he or she understands the actions they have done, which could lead to suspension or possibly termination. These unethical actions could lead to a great deal of financial loss…

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