A $40,000 machine will be purchased by a company whose interest rate is 12%. The installation cost is $5,000, and removal costs are insignificant. What is its economic life if its salvage values and O&M costs are as follows? Year 1 => Salvage value = $35,000, O&M cost = $8,000
Year 2 => Salvage value = $30,000, O&M cost = $14,000
Year 3 => Salvage value = $25,000, O&M cost = $20,000
Year 4 => Salvage value = $20,000, O&M cost = $26,000
Year 5 => Salvage value = $15,000, O&M cost = $32,000

Following is a list of various costs incurred in producing replacement automobile parts. with respect to the production and sale of these auto parts, classify each cost as either variable costs, fixed costs, or mixed costs. 1. oil used in manufacturing equipment 2. plastic 3. property taxes, $165,000 per year on factory building and equipment 4. salary of plant manager 5. cost of labor for hourly workers 6. packaging 7. factory cleaning costs, $6,000 per month 8. metal 9. rent on warehouse, $10,000 per month plus $25 per square foot of storage used 10. property insurance premiums, $3,600 per month plus $0.01 for each dollar of property over $1,200,000 11. straight-line depreciation on the production equipment 12. hourly wages of machine operators 13. electricity costs, $0.20 per kilowatt-hour 14. computer chip (purchased from a vendor) 15. pension cost, $1.00 per employee hour on the job

The following information is available for jase company: market price per share of common stock $25.00 earnings per share on common stock $1.25 which of the following statements is correct? a. the price-earnings ratio is 20 and a share of common stock was selling for 20 times the amount of earnings per share at the end of the year. b. the market price per share and the earnings per share are not statistically related to each other. c. the price-earnings ratio is 5% and a share of common stock was selling for 5% more than the amount of earnings per share at the end of the year. d. the price-earnings ratio is 10 and a share of common stock was selling for 125 times the amount of earnings per share at the end of the year.

In a chapter 7 bankruptcy, a debtor: