Golden Opportunities, a not-for-profit community association, is considering the proposed acquisition of a new training and...
Golden Opportunities, a not-for-profit community association, is considering the proposed acquisition of a new training and education software system. The price of the software system is $750,000, and it has a life expectancy of 5 years. The system will be sold at the end of the life span, with salvage value of $250,000. While this new system will have no impact on the number of training sessions or reimbursement, it is however expected to save the association $5,000 per year in operating costs. On average, the instructors train 25 people per day for 265 days per year. Training materials cost approximately $15 per person. Grant funding provides reimbursement of $75 for each person registered for training. Year one expenses include instructor labor ($75,000), building operations (rent and utilities of $40,000 and $20,000 respectively), and overhead of $5,000. Costs increase by 5% annually. Revenues increase by 7% annually. The cost of capital is 12%.
Homework Answers
Add Answer to:
Golden Opportunities, a not-for-profit community association, is
considering the proposed acquisition of a new training and...
Nguyen Inc. is considering the purchase of a new computer system (ICX) for $180,000. The system...
Nguyen Inc. is considering the purchase of a new computer system (ICX) for $180,000. The system will require an additional $40,000 for installation. If the new computer is purchased it will replace an old system that has been fully depreciated. The new system will be depreciated over a period of 8 years using straight-line depreciation. If the ICX is purchased, the old system will be sold for $10,000. The ICX system, which has a useful life of 8 years, is...
Problem 2 EM Industries is considering a new project involving the acquisition of a new machine...
Problem 2 EM Industries is considering a new project involving the acquisition of a new machine that would replace an older machine currently in use. The new machine costs $750,000 (at t-0) and can be sold at the end of its expected 4-year operating life for $100,000 (at t-4). The new machine takes up more space and EM will need to move maintenance and cleaning supplies that used to be stored next to the machine to a small storage room...
Incremental Cash Flows The Supreme Shoe Company is considering the purchase of a new, fully automated...
Incremental Cash Flows The Supreme Shoe Company is considering the purchase of a new, fully automated machine to replace a manually operated one years old, originally had an expected life of 10 years, is being depreciated using the straight-line method from $40,000 down to $0, and can now be sold for $22,000. It takes one person to operate the machine, and he earns $29,000 per year in salary and benefits. The annual costs of maintenance and defects on the old...
Incremental Cash Flows The Supreme Shoe Company is considering the purchase of a new, fully automated...
Incremental Cash Flows The Supreme Shoe Company is considering the purchase of a new, fully automated machine to replace a manually operated one. The machine being replaced, now five years old, originally had an expected life of 10 years, is being depreciated using the straight-line method from $40,000 down to $0, and can now be sold for $22,000. It takes one person to operate the machine, and he earns $29,000 per year in salary and benefits. The annual costs of...
The Supreme Show Company is considering the purchase of a new, fully automated machine to replace...
The Supreme Show Company is considering the purchase of a new, fully automated machine to replace a manually operated one. The machine being replaced, now five years old, originally had an expected life of 10 years, is being depreciated using the straight-line method from $40,000 down to $0 and can now be sold for $22,000. It takes one person to operate the machine and he earns $29,000 per year in salary and benefits. The annual costs of maintenance and defects...
a company is planning to acquire a new system
A company is planning to acquire a new participant tracking system for a cost of $108,000. Management has already paid a consultant firm of $15,000 to recommend the best tender option out of all the possible options. The delivery and installation costs are expected to be $1,900 and $400, respectively. The monthly fees associated with the system is $960, while the annual maintenance fee is $680. Financing costs are $3,000 per year. The new system will depreciate using an 3-year...
4.12 Biomet Implants is planning new online patient diagnostics for surgeons while they operate. The new...
4.12 Biomet Implants is planning new online patient diagnostics for surgeons while they operate. The new system will cost $300,000 to install in an operating room $5,000 annually for maintenance, and have an expected life of 4 years. The revenue per system is estimated to be $80,000 in year 1 and to increase by $10,000 per year through year 4. Determine if the project is economically justified using PW analysis and a MARR of 10% per year 4.16 Halogen-free liquid...
Ocean Sound College is a culinary sushi college located on the West Coast, and is a...
Ocean Sound College is a culinary sushi college located on the West Coast, and is a subsidiary of the Sushi Heights Corporation. You are the systems analyst assigned from the college IT department to conduct the systems analysis phase of the development of a new listing system for the school’s housing office. Background Based on your earlier recommendations, the housing office decided to continue the systems development process for a new listing system. Now, at the end of the systems...
Whether to Work Overtime or Hire Additional Employees The Fair Labor Standards Act requires employers to...
Whether to Work Overtime or Hire Additional Employees The Fair Labor Standards Act requires employers to pay nonexempt status employees an overtime rate at least equal to 1.5 times the normal hourly wage for each hour worked beyond the 40-hour workweek period. ACME manufacturing has just signed a lucrative contract to produce the casings for flashlights. The contract spans five years. During this time, ACME must increase its total manufacturing output by 25 percent. To meet this added demand, the...
Wanted by the Police: A Good Interface By KATIE HAFNER NOV. 11, 2004 From: The New...
Wanted by the Police: A Good Interface By KATIE HAFNER NOV. 11, 2004 From: The New York Times, Technology section, not-for profit classroom used. SAN JOSE, Calif. - SAN JOSE has a reputation as one of the safest large cities in the nation, with the fewest police officers per capita. Yet a number of the 1,000 officers in this city of 925,000 in the heart of Silicon Valley have been worrying about their own safety of late. Since June, the...
Problem 2 EM Industries is considering a new project involving the acquisition of a new machine that would replace an older machine currently in use. The new machine costs $750,000 (at t-0) and can be sold at the end of its expected 4-year operating life for $100,000 (at t-4). The new machine takes up more space and EM will need to move maintenance and cleaning supplies that used to be stored next to the machine to a small storage room...
Incremental Cash Flows The Supreme Shoe Company is considering the purchase of a new, fully automated machine to replace a manually operated one years old, originally had an expected life of 10 years, is being depreciated using the straight-line method from $40,000 down to $0, and can now be sold for $22,000. It takes one person to operate the machine, and he earns $29,000 per year in salary and benefits. The annual costs of maintenance and defects on the old...
4.12 Biomet Implants is planning new online patient diagnostics for surgeons while they operate. The new system will cost $300,000 to install in an operating room $5,000 annually for maintenance, and have an expected life of 4 years. The revenue per system is estimated to be $80,000 in year 1 and to increase by $10,000 per year through year 4. Determine if the project is economically justified using PW analysis and a MARR of 10% per year 4.16 Halogen-free liquid...
Most questions answered within 3 hours.
-
Calculate the mass of sodium propionate (NaC3H5O2 96.061g/mol)
that needs to be added to 143.0g of...
asked 27 seconds from now -
Explain the process of An oxidation reduction reaction and how it
is related to the movement...
asked 33 seconds ago -
Comment on the harm reduction model as presented
here and in other literature you may have...
asked 2 minutes ago -
If
a penny and a piece of a brick that is the size and mass of...
asked 21 minutes ago -
Does Brazil have a city that is an important financial center?
Does Brazil have its own...
asked 21 minutes ago -
Elizabeth Soltis owns and operates Aunt Ibby's Styling Salon. A
year-end work sheet is provided below....
asked 22 minutes ago -
The following income statement items appeared on the adjusted
trial balance of Schembri Manufacturing Corporation for...
asked 43 minutes ago -
1.A Chem 1211L student performed this experiment. He used 3.100
g of mixture and determined it...
asked 58 minutes ago -
In general, what should an employer do whenever an employee
leaves the firm?
A. Their accounts...
asked 1 hour ago -
Swap Cases
- Write a python program to swap cases. LowerCase letters to
Upper
case and...
asked 1 hour ago -
A normal distribution of scores has a mean of 240 and a standard
deviation of 40....
asked 1 hour ago -
As a technician in a large pharmaceutical research firm, you
need to produce 200. mL of...
asked 1 hour ago