You are considering a new project that requires $300,000 investment in a machine, including installation and shipping cost. the life of the machine is three years, and it depreciates via 3-year macrs methods (33.33%, 44.45%, 14.81%, and 7.41%). if you operate this project, the annual sales of the firm increases by $250,000 a year, and the annual operating expense increased by $100,000. the firm has a marginal tax rate of 34%. in order to start the project, the firm has to invest $30,000 in working capital. the expected market value of the machine is $50,000 in three years when the project is terminated. what is the annual cash flow of this project in the first year? round to the nearest penny. do not include a dollar sign in your answer.

You were able to purchase two tickets to an upcoming concert for $100 apiece when the concert was first announced three months ago. recently, you saw that stubhub was listing similar seats for $225 apiece. what does it cost you to attend the concert?

Laws corporation is considering the purchase of a machine costing $16,000. estimated cash savings from using the new machine are $4,120 per year. the machine will have no salvage value at the end of its useful life of six years and the required rate of return for laws corporation is 12%. the machine's internal rate of return is closest to (ignore income taxes) (a) 12% (b) 14% (c) 16% (d) 18%

Horace society is planning its annual western fair raceway gala. the gala committee has assembled the following expected costs for the event: dinner (per person) $10 gaming token and program (per person) $2 prize payouts $4,300 tickets and advertising $800 private box suite rental $1,700 lottery licenses $200 the committee members would like to charge $40 per person for the evening’s activities. required: 1. what is the break-even point for the dinner-dance (in terms of the number of persons who must attend)? 2. assume that last year only 200 persons attended the dinner-dance. if the same number attend this year, what price per ticket must be charged in order to break even? 3. refer to the original data ($40 ticket price per person). prepare a cvp graph for the dinner- dance from zero tickets up to 600 tickets sold.