Taylor United is considering overhauling its equipment to meet increased demand for its product. The cost of the equipment overhaul is $3.8 million plus $200,000 in installation costs. The firm will depreciate the equipment modifications using a 5-year straight-line period. Additional sales revenue from the overhaul should amount to $2.2 million per year, and additional operating expenses (excluding depreciation) will amount to 35% of the additional sales. The firm has an ordinary tax rate of 40%. Answer the following questions about Taylor United for each of the next six years. What additional earnings, before depreciation and taxes, will result from the overhaul

Suppose that the world price of steel is $100 a ton, india does not trade internationally, and the equilibrium price of steel in india is $60 a ton. suppose that india now begins to trade internationally. the price of steel in india the quantity of steel produced in india a. does not change; does not change b. falls; increases c. falls; decreases d. rises; decreases e. rises; increases the quantity of steel bought by india india steel. a. increases; exports b. decreases; imports c. decreases; exports d. does not change; neither imports nor exports e. increases; imports

An employer who is considering hiring eva has asked donna, eva’s former supervisor, for a report on eva. in truth, eva’s work for donna has been only average. however, eva is donna’s friend, and donna knows that eva probably will not get the job if she says anything negative about eva, and donna knows that eva desperately needs the job. further, donna knows that if the situation were reversed, she would not want eva to mention her deficiencies. nevertheless, it has been donna’s policy to reveal the deficiencies of employees when she has been asked for references by employers, and she knows that some of eva’s faults may be bothersome to this particular employer. finally, this employer has leveled with donna in the past when donna has asked for a report on people who have worked for him. should donna reveal deficiencies in eva’s past performance? (remember to use one of the three moral theories acceptable for this test to solve this dilemma. any discussion of any personal opinion, religious perspective, or theory other than the moral theories acceptable for this test will result in a score of "0" for this question.)

If the family’s net monthly income is 7,800 what percent of the income is spent on food clothing and housing?