Use the Information Below to Answer the Following Question(s)

question 86

Multiple Choice

Use the information below to answer the following question(s) .Hawkeye Cleaners has been considering the purchase of an industrial dry-cleaning machine.The existing machine is operable for three more years and will have a zero disposal price.If the machine is disposed of now, it may be sold for $30,000.The new machine will cost $200,000, an additional cash investment in working capital of $60,000 will be required and will be returned at the end of the project.The machine is expected to last 3 years and has an estimated disposal value at that time of $20,000.The new machine will reduce the average amount of time required to wash clothing and will decrease labour costs.The investment is expected to net $50,000 in additional cash inflows during the year of acquisition and $150,000 each additional year of use.These cash flows will generally occur throughout the year and are recognized at the end of each year.Income taxes are not considered in this problem.
-Wagner Ltd.is considering investing in a new piece of equipment for its factory.It estimates that annual cash flows would be $17,000 and the equipment would last for 8 years.The company's required rate of return is 12%.What is the most that the company should be willing to invest in this equipment? (Ignore income taxes.)

• A)$84,450
• B)$136,000
• C)$61,280
• D)$128,115
• E)$94,580

Know which workers may be exempt from minimum wage legislation and the rationale behind it.

Differentiate between employees and contractors regarding legal status and protection under employment legislation.

Understand the steps and considerations in formulating a successful compensation strategy, including legal, financial, and strategic aspects.

Understand the legislative framework applicable to compensation in Canada.

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Definitions:

UI

User Interface, the means by which the user and a computer system interact, especially the use of input devices and software.

Simp

In internet slang, a term used derogatorily for someone who is perceived as overly accommodating or submissive to someone they are attracted to, often without reciprocity.

Assumption

A belief or statement taken for granted without proof, often serving as a starting point for further reasoning or argument.

Add

To combine one thing with another so as to increase the size, number, or amount.