Both of the following companies are merchandisers that began operations this year. x company y company cash from operating activities $ 20,000 $ 60,000 cash from investing activities (200,000) (100,000) cash from financing activities 230,000 90,000 net increase in cash $ 50,000 $ 50,000 which of these two companies appears to have made the larger purchases of property, plant, and equipment during the year?

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?