Cliff co. wants to purchase a machine for $40,000, but needs to earn an 12% return. the expected year-end net cash flows are $13,000 in each of the first three years, and $17,000 in the fourth year. what is the machine's net present value (round to the nearest whole dollar)?

The green revolution is a scientific breakthrough that improved seeds for basic crops. how did the green revolution impact the supply of basic crops such as wheat and corn? the supply of wheat and corn increased. there was no impact on the supply of basic crops. the supply of basic crops did not change, but the quantity supplied of basic crops increased. the supply of wheat and corn decreased.

Explain the relationship between consumers and producers in economic growth and activity

Ashop owner uses a reorder point approach to restocking a certain raw material. lead time is six days. usage of the material during lead time is normally distributed with a mean of 42 pounds and a standard deviation of four pounds. when should the raw material be reordered if the acceptable risk of a stockout is 3 percent?