The cost of a previously purchased machine is an example of a sunk cost
Indicate whether the statement is true or false
True
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Brenda dislikes having to fill out performance appraisals on her employees. She vows to sit down and finish them all in one afternoon. She decides to start with her lowest-performing employee to get the worst out of the way. Next, she appraises an average performer but gives excellent ratings. After appraising that first employee, the average performer looks excellent to her. It is likely Brenda made an error due to _______.
A. contrast B. attribution C. recency D. proximity E. ranking
A graphic used to analyze and design the flow of materials and information across multiple processes is known as ______.
a. a value stream mapping (VSM) b. a Pareto chart c. an assembly chart d. an assembly drawing
Under a cap-and-trade system, a firm that emits more than its share of carbon can buy allowances from a firm that emits less than its share
Indicate whether the statement is true or false.
Florida Car Wash is considering a new project whose data are shown below. The equipment to be used has a 3-year tax life, would be depreciated on a straight-line basis over the project's 3-year life, and would have a zero salvage value after Year 3. No change in net operating working capital would be required. Revenues and other operating costs will be constant over the project's life, and this is just one of the firm's many projects, so any losses on it can be used to offset profits in other units. If the number of cars washed declined by 40% from the expected level, by how much would the project's NPV change? (Hint: Note that cash flows are constant at the Year 1 level, whatever that level is.) Do not round the intermediate calculations and round the final answer to the nearest whole
number. ? WACC10.0% Net investment cost (depreciable basis)$60,000 Number of cars washed2,960 Average price per car$25.00 Fixed op. cost (excl. depr.)$10,000 Variable op. cost/unit (i.e., VC per car washed)$5.375 Annual depreciation$20,000 Tax rate35.0% ? A. -$37,560 B. -$37,184 C. -$39,814 D. -$38,687 E. -$36,433