In most cases, firms profit from the first two sales made to customers, and their profits drop significantly on additional sales
Indicate whether the statement is true or false
FALSE
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QRW Corp needs to replace an old lathe with a new, more efficient model. The old lathe was
purchased for $50,000 nine years ago and has a current book value of $5,000. (The old machine is being depreciated on a straight-line basis over a ten-year useful life.) The new lathe costs $100,000. It will cost the company $10,000 to get the new lathe to the factory and get it installed. The old machine will be sold as scrap metal for $2,000. The new machine is also being depreciated on a straight-line basis over ten years. Sales are expected to increase by $8,000 per year while operating expenses are expected to decrease by $12,000 per year. QRW's marginal tax rate is 40%. Additional working capital of $3,000 is required to maintain the new machine and higher sales level. The initia outlay for the new machine is A) $111,000. B) $113,000. C) $109,800. D) $112,200.
Which of the following is a valid entry for field size if the data type of the field is Number?
A) Alphanumeric B) Special characters C) Long integer D) Character