You are evaluating a potential investment in equipment. the equipment's basic price is $191,000, and shipping costs will be $7,600. it will cost another $19,100 to modify it for special use by your firm, and an additional $9,600 to install it. the equipment falls in the macrs 3-year class that allows depreciation of 33% the first year, 45% the second year, 15% the third year, and 7% the fourth year. you expect to sell the equipment for 34,100 at the end of three years. the equipment is expected to generate revenues of $179,000 per year with annual operating costs of $84,000. the firm's marginal tax rate is 20.0%. what is the initial outlay for the project? a. $208,200b. $191,000c. $227,300d. $210,100d. $193,200

Look at this check register. calculate the current balance. check date transaction (+) deposit balance 5/1 5/3 $82.92 debit 8.00 78.24 005 monthly fee phone bill paycheck 1 125.00 5/15 5/17 5/20 atm 40.00 56.50 006 t ennis lessons the current balance is?

Exercise 18-15 sheffield appliance center is an experienced home appliance dealer. sheffield appliance center also offers a number of services for the home appliances that it sells. assume that sheffield appliance center sells ovens on a standalone basis. sheffield appliance center also sells installation services and maintenance services for ovens. however, sheffield appliance center does not offer installation or maintenance services to customers who buy ovens from other vendors. pricing for ovens is as follows. oven only $790 oven with installation service 850 oven with maintenance services 970 oven with installation and maintenance services 990 in each instance in which maintenance services are provided, the maintenance service is separately priced within the arrangement at $180. additionally, the incremental amount charged by sheffield appliance center for installation approximates the amount charged by independent third parties. ovens are sold subject to a general right of return. if a customer purchases an oven with installation and/or maintenance services, in the event sheffield appliance center does not complete the service satisfactorily, the customer is only entitled to a refund of the portion of the fee that exceeds $790. assume that a customer purchases an oven with both installation and maintenance services for $990. (b) indicate the amount of revenue that should be allocated to the oven, the installation, and to the maintenance contract.

True or false entrepreneurs try to meet the needs of the marketplace by supplying a service or product