The costs of three alternatives for a small water supply system are being evaluated: Option A has an initial cost of $100,000, an annual operating cost of $50,000, upgrading costs at year 4 of $30,000 and year 6 of $40,000, a salvage value of $30,000, and a design life of 10 years. Option B has an initial cost of $140,000 and an annual operating cost of $30,000. There is no salvage value, and the design life is 10 years. Option C has an initial cost of $350,000, a salvage value of $50,000, and annual operating costs of $15,000. It has an expected design life of 20 years. The MARR is 12%. a. Select the least cost alternative using Present Worth analysis. b. Select the least cost alternative using Equivalent Uniform Annual Cost analysis c. Select the least cost alternative using Rate of Return analysis (60 points)

On january 1, jackson, inc.'s work-process inventory account showed a balance of $ 66,500. during the year, materials requisitioned for use in production amounted to $ 70,500, of which $ 67,700 represented direct materials. factory wages for the period were $ 210,000 of which $ 187,000 were for direct labor. manufacturing overhead is allocated on the basis of 60% of direct labor cost. actual overhead was $ 116,050. jobs costing $ 353,060 were completed during the year. the december 31 balance in work-process inventory is

Ajustification for job training programs is that they improve worker productivity. suppose that you are asked to evaluate whether more job training makes workers more productive. however, rather than having data on individual workers, you have access to data on manufacturing firms in ohio. in particu- lar, for each firm, you have information on hours of job training per worker (training) and number of nondefective items produced per worker hour (output). (i) carefully state the ceteris paribus thought experiment underlying this policy question. (ii) does it seem likely that a firm’s decision to train its workers will be independent of worker characteristics? what are some of those measurable and unmeasurable worker characteristics? (iii) name a factor other than worker characteristics that can affect worker productivity. (iv) if you find a positive correlation between output and training, would you have convincingly established that job training makes workers more productive? explain.

The sec has historically raised questions regarding the independence of firms that derive a significant portion of their total revenues from one audit client or group of clients because the sec staff believes this situation causes cpa firms to