A will must normally be attested to by two or three mentally competent witnesses.
Answer the following statement true (T) or false (F)
True
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Ingenious Devices, Inc. is considering a replacement for its damaged old cutting machine with a new laser cutting machine. Repairing this machine would cost $5,700. Management has requested information about two new machines from two different vendors. The old machine has no salvage value. The estimated after-tax cash flow associated with the old machine for the next year is $2,000 and the firm expects that this cash flow will grow at a rate of 12% per year over the next four years.
The first model of the new laser cutting machine has a price of $8,000 and the firm expects to generate after-tax cash flows of $3,000 with this machine for the next four years. These cash flows will grow at an annual rate of 15% over the next four years. Finally, the second model of the new laser cutting machine has a selling price of $9,000 and the firm expects to produce after-tax cash flows of $3,500 for the next year. This cash flow will grow at a rate of 5% per year over the next four years. If the firm’s WACC is 14% and its reinvestment rate is 10%, determine the following: a) Calculate the payback period, discounted payback period, NPV, PI, IRR, and MIRR of the existing machine. If no option were available to replace this old machine, would it make sense to repair it? b) Considering each new model as a replacement project, which model should the firm choose? Determine the payback period, discounted payback period, NPV, PI, IRR, and MIRR of each new model versus the old machine using the incremental initial costs and annual after-tax cash flows to answer this question. c) Create an NPV profile chart for the old machine and for the replacement of the old machine with the new models.
Which of the following statements about break-even analysis is true?
A) It is used to determine how much production experience a company must have to achieve desired efficiencies. B) It is a technique used to calculate fixed costs. C) It determines the amount of retained earnings a company will have during an accounting period. D) It is a technique marketers use to examine the relationship between supply and demand. E) It is calculated using variable costs, the unit price, and fixed costs.
All property, plant, and equipment assets are depreciated over time
Indicate whether the statement is true or false
Ralph is a candidate for public office. Ten years earlier, Ralph went through an ugly divorce and the filings made by his ex-wife accused him of theft, child abuse, and distribution of pornography. The allegations were never addressed by the court or proven. The clerk of the court is from a different political party and checked on Ralph by running his name through the docket. When she found the
divorce filings, she fed the information to a reporter. Which of the following statements is true? A) ?The clerk has violated the Privacy Act. B) ?The clerk has not violated the Privacy Act unless the filings were not public. C) ?The clerk is entitled to view and release public records as part of her administrative duties. D) ?State and local agencies are not subject to privacy restrictions on their release of documents.