Acloth manufacturing firm is deciding whether or not to invest in new machinery. the machinery costs $45,000 and is expected to increase cash flows in the first year by $25,000 and in the second year by $30,000. the firm's current fixed costs are $9,000 and current marginal costs are $15. the firm currently charges $18 per unit. if the interest rate is 5% then the present value of the cash flows is
a. 6,020.41
b. 51,020.41
c. -7380.95
d 10,000

Ben collins plans to buy a house for $166,000. if the real estate in his area is expected to increase in value by 2 percent each year, what will its approximate value be five years from now?

Atax on the sellers of coffee will a. increase the price of coffee paid by buyers, increase the effective price of coffee received by sellers, and increase the equilibrium quantity of coffee. b. increase the price of coffee paid by buyers, increase the e ffective price of coffee received by sellers, and decrease the equilibrium quantity of coffee. c. increase the price of coffee paid by buyers, decrease the effective price of coffee received by sellers, and increase the equilibrium quantity of coffee. d. increa se the price of coffee paid by buyers, decrease the effective price of coffee received by sellers, and decrease the equilibrium quantity of coffee.

Acompany using the perpetual inventory system purchased inventory worth $540,000 on account with credit terms of 2/15, n/45. defective inventory of $40,000 was returned 2 days later, and the accounts were appropriately adjusted. if the company paid the invoice 20 days later, the journal entry to record the payment would be