Current new weight-loss drugs are not ______ for long-term use because they can give great
A.something new
B.new something
C.everything
It can be learnt from the passage that the current method of earthquake prediction______.
A.provides more accurate data than the new one
B.costs less than the new one
C.costs more than the new one
D.warns people only a few seconds before the earthquake
How does the current dollar affect the life of ordinary Americans?
A.They have to cancel their vacations in New England.
B.They find it unaffordable to dine in mom-and-pop restaurants.
C.They have to spend more money when buying imported goods.
D.They might lose their jobs due to potential economic problems.
How does the current dollar affect the life of ordinary Americans?
A.They have to cancel their vacations in New England.
B.They find it unaffordable to dine in mom-and-pop restaurants.
C.They have to spend more money when buying imported goods.
D.They might lose their jobs due to potential economic problems.
Selling price and variable cost are given here in current price terms before taking account of forecast selling price inflation of 4% per year and variable cost inflation of 5% per year.
Incremental fixed costs of $500,000 per year in current price terms would arise as a result of producing the new product. Fixed cost inflation of 8% per year is expected.
The initial investment cost of production equipment for the new product will be $2·5 million, payable at the start of the first year of operation. Production will cease at the end of four years because the new product is expected to have become obsolete due to new technology. The production equipment would have a scrap value at the end of four years of $125,000 in future value terms.
Investment in working capital of $1·5 million will be required at the start of the first year of operation. Working capital inflation of 6% per year is expected and working capital will be recovered in full at the end of four years.
Hebac Co pays corporation tax of 20% per year, with the tax liability being settled in the year in which it arises. The company can claim tax-allowable depreciation on a 25% reducing balance basis on the initial investment cost, adjusted in the final year of operation for a balancing allowance or charge. Hebac Co currently has a nominal after-tax weighted average cost of capital (WACC) of 12% and a real after-tax WACC of 8·5%. The company uses its current WACC as the discount rate for all investment projects.
Required:
(a) Calculate the net present value of the investment project in nominal terms and comment on its financial acceptability. (12 marks)
(b) Discuss how the capital asset pricing model can assist Hebac Co in making a better investment decision with respect to its new product launch. (8 marks)
What can we infer about the educational system in the New York City from the passage?
A.Charter schools will replace traditional schools ultimately.
B.One third of the current charter school operators are from Harlem.
C.The school system will be reformed in a large scale.
D.Charter schools are becoming more and more popular.
How does the current dollar affect the life of ordinary Americans?
A)They have to cancel their vacations in New England.
B) They find it unaffordable to dine in mom-and-pop restaurants.
C)They have to spend more money when buying imported goods.
D) They might lose their jobs due to potential economic problems.
A、100000
B、200000
C、110000
D、250000
A.The moving average price of the material is recalculated
B.Invoice verification automatically receives a message about the price change made
C.The new price is immediately proposed for all new purchase orders created for the relevant material with the respective vendor
D.The PO price in the purchase orders that are still open is automatically changed to the new price