Use the Information for the Question(s)below

question 18

Multiple Choice

Use the information for the question(s) below.
The Sisyphean Corporation is considering investing in a new cane manufacturing machine that has an estimated life of three years.The cost of the machine is $30,000 and the machine will be depreciated straight line over its three-year life to a residual value of $0.
The cane manufacturing machine will result in sales of 2000 canes in year 1.Sales are estimated to grow by 10% per year each year through year three.The price per cane that Sisyphean will charge its customers is $18 each and is to remain constant.The canes have a cost per unit to manufacture of $9 each.
Installation of the machine and the resulting increase in manufacturing capacity will require an increase in various net working capital accounts.It is estimated that the Sisyphean Corporation needs to hold 2% of its annual sales in cash,4% of its annual sales in accounts receivable,9% of its annual sales in inventory,and 6% of its annual sales in accounts payable.The firm is in the 35% tax bracket,and has a cost of capital of 10%.
-The incremental unlevered net income in the first year for the Sisyphean Corporation's project is closest to:

• A)$8000
• B)$18,000
• C)$5200
• D)$11,700

Identify areas of self-evaluation in children aged five to seven.

Recognize characteristics of the concrete operations period.

Understand gender differences in self-concept.

Understand the influence of parenthood, including divorce and the sexuality of parents, on child development.

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Definitions:

Continuation Statement

A legal document filed to extend the duration of a UCC financing statement, maintaining the priority of the secured interest in the collateral.

Financing Statement

A document filed to give public notice of a security interest in personal property, used to perfect a lender's interest in the property as collateral for a loan.

Default

Failure to fulfill a financial obligation or agreement, especially failure to make payments on a loan.

Rights

Entitlements or privileges granted to individuals by law, social principles, or moral norms, often upheld and protected by legal systems.