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I need only final answers within 2 hours. 1 After-tax net cash flows for a project are as follows. What is the internal rate of

I need only final answers within 2 hours.

1 "After-tax net cash flows for a project are as follows. What is the internal rate of return for the project? Enter your answer as a percentage between 0 and 100, rounded to the nearest tenth of a percent.

Year 0 : -$224,000

Year 1: $62,000

Year 2 : $45,000

Year 3 : $133,177"

2 "An oil and gas company is considering whether to begin drilling a new oil field. The company will need to pay $4.8 million as an initial investment in order to extract the oil. The company will operate the field for a total of 7 years, during which its annual profit will be $2,164,000. During the 8th year, the company will not operate or gain any revenue from the oil field, but it will need to pay $7,716,000 in environmental remediation costs to return the area to an acceptable state. What is the MINIMUM interest rate for which this project is an acceptable investment? Enter the interest rate as a percentage. The interest rate could be a negative number."

3 "A firm is considering two projects with the following cash flows and internal rates of return. If the firm's MARR is 24%, should it select project A, project B, or neither? It cannot select both the projects.

Project A

Year 0: -7

Year 1: 0

Year 2: 9

Project B

Year 0: X

Year 1: 0

Year 2: 26

The IRR for Project A is 13.39% and that of Project B is 14.33%.

Enter the net present worth of the preferred project. You will need to solve for X first. ENTER '0' if neither project is preferred."

4 "The selling price of an item is 41% greater than the variable cost per item. Fixed costs are $39,000. What is the break-even sales?"

5 "The Ace Bicycle Company expects to produce 6,300 bicycles this year. Currently Ace also makes the chains for its bicycles. Ace's accountant reports the following costs for making 6,300 chains.

Direct materials are $6.89 per chain.

Direct manufacturing cost is $3.44 per chain.

Variable manufacturing overhead (power and utilities) is $2.44 per chain.

Inspection, setup, and material costs are $3,500.

Leasing the machine for the chains is $5,000.

Administration for the facility, including taxes and insurance is $55,000.

Ace has received an offer from an outside vendor to supply chains for $12.54 per chain.

The costs for the machine lease are the payments Ace makes for renting the equipment used in making the chains. If Ace buys all of its chains from the outside vendor, it does not need this machine.

Ace will not need to pay the variable costs or the inspection and setup costs if it purchases chains from the outside vendor.

Assume that if Ace purchases the chains from the ouside supplier, the facility where the chains are currently made will remain idle. Should Ace accept the outside supplier's offer at the anticipated production (and sales) volume of 6,300 units or continue to produce the chains in house? Enter the cost ($) of the preferred option."

6 "Suppose the market price that a firm can sell its product for is a function of how much it and the firm's competitor produce so that p = 126 - (x1 + x2)

where p is the selling price, x1 is the firm's production, and x2 is the competitor s production. The firm's cost function is 30 + 5.1*x1. If the firm's competitor produces x2 = 48 units, how much should the firm produce if it wants to maximize the profit? The number of units can be a decimal."

7 "Florida Citrus Inc. (FCI) produces and sells a sport drink in the North American market. For years, it has sold in the Asian market through a Tokyo-based importer. The contract with the importer is up for renewal, and FCI decides to reconsider its Asian strategy. After much analysis, it decides that three alternatives warrant further consideration.

OPTION1: STAY WITH THE IMPORTER.

Sell through the current importer who manages all the marketing and distribution of FCI's sport drink in the Asian market. The cost for FCI to produce a barrel in the U.S. and ship it to Japan is $101 per barrel. There are no fixed costs. The importer pays FCI $119 per barrel sold in the Asian market.

OPTION 2: MOVE TO PRODUCTION LICENSING.

License production of FCI drinks to a Japanese beverage firm who also will manage marketing and distribution. This firm will charge FCI a fixed fee of $3.8 million each year to cover its costs of maintaining the quality of FCI products. It will pay FCI $48 per barrel sold in the Asian market.

OPTION 3: TURN TO SELF PRODUCTION.

FCI purchased a fully operational beverage plant from a Japanese company with excess capacity. FCI has already spent $6.2 million to retrofit the beverage plant. The annual fixed costs of operating the plant are $29 million (which does not include the previously spent $6.2 million retrofit cost), and the variable cost is $56 per barrel. FCI will sell to independent wholesalers in Asia at $153 per barrel.

The most profitable option depends on how many barrels FCI will sell in Asia. What is the minimum number of barrels that FCI will have to sell if option 2 is the best option?"

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