One year ago, Baffle Bag and Box Company (BB&B) purchased a new folder for $11,000. The company now finds a new box folder is available that may offer significant advantages. The new machine can be purchased for $15,000, has an economic life of 10 years, and has no salvage value. It is expected that the new machine will produce a gross margin of $4,000 per year, so that, using straight-line depreciation, the annual taxable income will be $2,500. The current machine is expected to produce a gross margin of $2,000 per year, and, assuming a total economic life of 11 years and straight line depreciation, a profit before taxes of $1,000. The current market value of the old machine is $5,000. BB&B’s tax rate is 45%, and its cost of capital after tax is 10 percent. Ignore possible capital gain taxes and assuming zero salvage values at the end of the machines’ economic lives, should BB&B replace its year-old box folder?

Answer the following questions using the data given below. annual percent return on mutual funds (n = 17) last year (x) this year (y) 11.9 15.4 19.5 26.7 11.2 18.2 14.1 16.7 14.2 13.2 5.2 16.4 20.7 21.1 11.3 12.0 –1.1 12.1 3.9 7.4 12.9 11.5 12.4 23.0 12.5 12.7 2.7 15.1 8.8 18.7 7.2 9.9 5.9 18.9

Balance sheet the assets of dallas & associates consist entirely of current assets and net plant and equipment. the firm has total assets of $2 5 million and net plant and equipment equals $2 million. it has notes payable of $150,000, long-term debt of $750,000, and total common equity of $1 5 million. the firm does have accounts payable and accruals on its balance sheet. the firm only finances with debt and common equity, so it has no preferred stock on its balance sheet. a. what is the company's total debt? b. what is the amount of total liabilities and equity that appears on the firm's balance sheet? c. what is the balance of current assets on the firm's balance sheet? d. what is the balance of current liabilities on the firm's balance sheet? e. what is the amount of accounts payable and accruals on its balance sheet? [hint: consider this as a single line item on the firm's balance sheet.] f. what is the firm's net working capital? g. what is the firm's net operating working capital? h. what is the explanation for the difference in your answers to parts f and g?

Samantha is interested in setting up her own accounting firm and wants to specialize in the area of accounting that has experienced the most significant growth in recent years. which area of accounting should she choose as her specialty? samantha should choose as her specialty.