Premier steel, inc. is considering the purchase of a new machine for $100,000 that has a useful life of 3 years. the firm’s cost of capital is 11.0% and the tax rate is 40%. this machine will be sold for its salvage value of $20,000 at the end of 3-years. the machine will require an investment of $2,500 in spare parts inventory upon installation. the machine will cost $8,000 to ship and $4,000 to install and modify it. sales are as follows: year 1 = $90,000; year 2 = $97,500; year 3 = $105,000. operating expenses are year 1 = $25,000; year 2 = $27,000; year 3 = $29,000. the investment in working capital will be liquidated at termination of the project at the end of year 3. macrs rates 33% 45% 15% 7% using macrs, what is the operating cash flow in year 1?

Consider the following scenarios. use what you have learned to decide if the goods and services being provided are individual, public, or merit goods. for each case, state what kind of good has been described and explain your answer using the definitions of individual, public, and merit goods. (6 points each) 1. from your window, you can see a city block that's on fire. you watch city firefighters rescue people and battle the flames to save the buildings. 2. while visiting relatives, you learn that your cousins attend a nearby elementary school that is supported financially by local property tax revenue. 3. you see a squadron of military jets flying overhead. 4. you find out that your aunt works for a defense manufacturing company that has several defense contracts with the government. she tells you that she works for a team that is producing a communications satellite. 5. your class visits a local jail run by a private, profit-making company that detains county criminals and is paid with tax revenue.

According to herman, one of the differences of managing a nonprofit versus a for-profit corporation is

The rybczynski theorem describes: (a) how commodity price changes influence real factor rewards (b) how commodity price changes influence relative factor rewards. (c) how changes in factor endowments cause changes in commodity outputs. (d) how trade leads to factor price equalization.