you are operating an old machine that is expected to produce a cash flow of 6800 in each of the next 3 years before it fails. you can replace it now with a new machine that costs 21800 but is much more efficient and will provide a cash flow of 12700 a year for 4 years. Calculate the equivalent annual cost of the new machine if the discount rate is 15%

You own a nonunion company with 93 nonexempt employees. all of these employ- ees pack books into boxes for shipment to customers throughout the united states. because of wide differences in performance, you have decided to try performance appraisal, something never done before. until now, you have given every worker the same size increase. now you want to measure performance and reward the best performers with bigger increases. without any further information, which of the five types of appraisal formats do you think would be most appropriate? justify your answer. do you anticipate any complaints, or other comments, from employees after you implement your new system?