Over the past 20 years, Alfred has purchased 380 shares of Green, Inc., common stock. His first purchase was in 1996 when he acquired 30 shares for $20 a share. In 2003, Alfred bought 150 shares at $10 a share. In 2018, Alfred acquired 200 shares at $50 a share. He intends to sell 125 shares at $60 per share in the current year (2019). If Alfred's objective is to minimize gain and assuming he can adequately identify the shares to be sold, what is his recognized gain? a.$5,950 b.$6,250 c.$1,250 d.$3,520

You are the manager of a large crude-oil refinery. as part of the refining process, a certain heat exchanger (operated at high temperatures and with abrasive material flowing through it) must be replaced every year. the replacement and downtime cost in the first year is $165 comma 000. this cost is expected to increase due to inflation at a rate of 7% per year for six years (i.e. until the eoy 7), at which time this particular heat exchanger will no longer be needed. if the company's cost of capital is 15% per year, how much could you afford to spend for a higher quality heat exchanger so that these annual replacement and downtime costs could be eliminated?