Specialized processing equipment is required for a new tupe of integrated circuit to be produced by an electronics manufacturing company. the process us used on silicon wafers. the standard time for this process is 10.6 min per wafer. scrap rate is 15%. a total of 125,000 wafers will be processed each year. the process will be operated 24 hours per day, 365 days per year. data provided by the manufacturer of the processing equipment indicate that the availability is 93%. each machine is operated by one worker, and worker efficiency is 100%. no setups are required for the machine. how many pieces of processing equipment will be needed to satisfy production requirements?

The federal reserve's organization while all members of the federal reserve board of governors vote at federal open market committee (fomc) meetings, only of the regional bank presidents are members of the fomc. the federal reserve's role as a lender of last resort involves lending to which of the following financially troubled institutions? u.s. banks that cannot borrow elsewhere governments in developing countries during currency crises u.s. state governments when they run short on tax revenues the federal reserve's primary tool for changing the money supply is . in order to decrease the number of dollars in the u.s. economy (the money supply), the federal reserve will government bonds.

Compare the sources of consumer credit 1. consumers use a prearranged loan using special checks 2. consumers use cards with no interest and non -revolving balances 3. consumers pay off debt and credit is automatically renewed 4. consumers take out a loan with a repayment date and have a specific purpose a. travel and entertainment credit b. revolving check credit c. closed-end credit d. revolving credit

Kelso electric is debating between a leveraged and an unleveraged capital structure. the all equity capital structure would consist of 40,000 shares of stock. the debt and equity option would consist of 25,000 shares of stock plus $280,000 of debt with an interest rate of 7 percent. what is the break-even level of earnings before interest and taxes between these two options?