Darcy roofing is faced with a decision. the company relies very heavily on the use of its 60-foot extension lift for work on large homes and commercial properties. last year, darcy roofing spent $79,200 refurbishing the lift. it has just determined that another $48,000 of repair work is required. alternatively, it has found a newer used lift that is for sale for $204,000. the company estimates that both lifts would have useful lives of 6 years. the new lift is more efficient and thus would reduce operating expenses by about $26,400 per year. darcy roofing could also rent out the new lift for about $12,000 per year. the old lift is not suitable for rental. the old lift could currently be sold for $30,000 if the new lift is purchased. prepare an incremental analysis showing whether the company should repair or replace the equipment.

Mr. smith recently faced a choice between being (a) an economics profes-sor, which pays $60,000/yr, or (b) a safari leader, which pays $50,000/yr. after careful deliberation, smith took the safari job, but it was a close call. "for a dollar more," he said, "i'd have gone the other way."now smith's brother-in-law approaches him with a business proposition. the terms are as follows: - smith must resign his safari job to work full-time in his brother-in-law's business.- smith must give his brother-in-law an interest-free loan of $100,000, which will be repaid in full if and when smith leaves the business. (smith currently has much more than $100,000 in the the business will pay smith a salary of $70,000/yr. he will receive no other payment from the business.the interest rate is 10 percent per year. apart from salary considerations, smith feels that working in the business would be just as enjoyable as being an economics professor. for simplicity, assume there is no uncertainty regarding either smith's salary in the proposed business or the security of his monetary investment in it. should smith join his brother-in-law and, if so, how small would smith's salary from the business have to be to make it not worthwhile for him to join? if not, how large would smith's salary from the business have to be to make it worthwhile for him to join?

Amarket that consists of all possible consumers regardless of their specific needs or wants is a

Richard is one of the leading college basketball players in the state of florida. he also maintains a good academic record. looking at his talent and potential, furman university offers to bear the expenses for his college education.