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- What is the total effect on the economy of a government tax rebate of $500 to each household in order to stimulate the economy if each household will spend of the rebate in goods and services?A small sporting goods company is considering investing P100,000 in a project at the start of year 1 that will produce volleyballs over the next five years. The company plans to produce and sell 200 volleyballs in the first year and expects that volume to grow by 10% each year thereafter. The unit selling price forecast the company has developed is P1,000 in year 1, P1,100 in year 2, P1,250 in year 3, P1,400 in year 4, and P1,575 in year 5. Variable costs are forecast to be P750 per unit produced, and there will be a fixed overhead cost in each year of P25,000. (Unless otherwise indicated, assume that all cash flows occur at the end of the year.) a) Use the above information to develop a simple cash flow proforma sheet, and then apply Excel's NPV function to calculate the project value assuming a 10% discount rate. What is your answer? b) Suppose the company thinks it may be able to produce and sell more than currently planned. What growth rate of production would produce an…Alpha Industries is considering a project with an initial cost of $9.1 million. The project will produce cash inflows of $2.13 million per year for 6 years. The project has the same risk as the firm. The firm has a pretax cost of debt of 6.15 percent and a cost of equity of 11.63 percent. The debt-equity ratio is .78 and the tax rate is 25 percent. What is the net present value of the project? Multiple Choice $583,143 $606,469 $524,829 $390,218 $499,837
- Please Answer these maximum revenue questions.The Newcoat Painting Company has for some time been experiencing high demand for its automobile repainting service. Because it has had to turn away business, management is concerned that the limited space available to store cars awaiting painting has cost them in lost revenue. A small vacant lot next to the painting facility has recently been made available for rental on a long-term basis at a cost of $10 per day. Management believes that each lost customer costs $20 in profit. Current demand is estimated to be 21 cars per day with exponential interarrival times (including those turned away), and the facility can service at an exponential rate of 24 cars per day. Cars are processed on a FCFS basis. Waiting space is now limited to 9 cars but can be increased to 20 cars with the lease of the vacant lot. Newcoat wants to determine whether the vacant lot should be leased. Management also wants to know the expected daily lost profit due to turning away customers if the lot is leased. Only…(ii) A state predicts that it will need $2.15 billion for construction of new roads and maintenance of existing roads in year 2025. It is forecast that 1.5 percent of the vehicle-fleet in that year will be electric vehicles with the remaining being gas powered vehicles. The population of the state is forecast to be 10 million persons in 2025 with the average number of vehicles owned per person being 0.75. It is projected that on average each vehicle will be driven 12,000 miles per year, with gas powered vehicles achieving an average gas consumption of 25 miles per gallon (mpg). If the state plans to raise 99 percent of the required revenue from gas powered vehicles and the remainder from electric vehicles, (a) Determine how much each gallon of gas sold should be taxed to achieve the revenue target (b) Determine what the annual flat tax for each electric vehicle should be to raise the appropriate revenue target; (c) If the state decides to raise the required revenue based on a tax per…
- Dickinson’s Lw Firm buys new furniture for its waiting room. If the total cost of the furniture is $9450 and the usable life of the furniture is determined to be 7 years, using the straight-line method of depreciation, what is the annual allowable depreciation if the residual value of the furniture is estimated at $1000?13. Silvester claims an eatery and needs to decide his normal income over a long- term period. After all expenses were paid, his yearly pay was as per the following: Year Amount $7,150 1970 1971 7,335 %3D 1972 6,520 1973 6,600 1974 6,600 1975 7,025 1976 7,810 %3D Total for 7 years S49,040. Find his average yearly income.Niue Vanilla has had two successive years in which the Vanilla bean harvest has stretched the firm’s capacity within their drying sheds. Pita, the manger for the drying operation must now make a decision on capacity for next year. Estimated profits under each of the three possible states of nature are as shown in the table below, along with 3 possible alternatives he is considering: Do Nothing, Expand the Drying Shed operation, or Subcontract to a local farmer group who can do some of the drying. Which alternative should be selected if the decision criterion is: Maximax? Maximin?
- The City of San Antonio is considering various options for providing water in its 50-year plan, including desalting. One brackish aquifer is expected to yield desalted water that will generate revenue of $4.1 million per year for the first 6 years, after which less production will decrease revenue by 10% per year each year. If the aquifer will be totally depleted in 23 years, what is the present worth of the desalting option revenue at an interest rate of 9% per year?A retired couple wishes to invest $750,000, diversifying the investment in three areas: a high-risk stock that has an expected annual rate of return (or interest) of 12%, a low-risk stock that has an expected annual return of 8%, and government-issued bonds that pay annual interest of 4% and involve no risk. To protect the value of the investment, the couple wishes to place at least twice as much in the low-risk stock as in the high-risk stock and use the remainder to buy bonds. How should the money be invested to maximize the expected annual return?When is the average cost per year minimum? (This time is frequently referred to as the replacement time for this piece of equipment.)